Bitcoin Forum

I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this >:(

Do you have a trading strategy that you adhere to? How often do you trade? Do you use stoploss and take profit? If you answer these questions, I can help you.

look for the demo trading and join the telegram group.
most of the live updates will be posted there

you can not conclude if btc trading is unprofitable ,, this is because you entered at the wrong time to trade ,, btc is currently down trend and maybe this is a frequent occurrence, but if we can cope and have learned how to handle it , maybe we can still profit with some trading strategies, even in a crisis

Knowledge is the most important thing that investors need to improve if they want to succeed in this market so how much success can you make depends on your level and qualifications. At present there is a lot of knowledge available on the internet and crypto investment guides on Facebook, Twitter, Telegram. Try to learn as much as you can before investing in this market.

Take some time to study the kind of tokens or coin you want to trade in. Are they hotcake? What potential do these coins or tokens have? Are many people trading these tokens or it's just a few people trading it? Study the patterns of their rising and falling in particular months and over a year. During day trading you shouldn't trade more after you've hit your target.

I think the best advice is to have a strategy and some rules and never break them. Don't let emotions get to you while trading. Take profits when you feel most bullish and buy when you feel scared of course as long as the trading setups follow your rules. Personally, I am learning as well, but this has been my biggest lesson.

When the market any sign turn in to bearish,  the best way is dont  trade on exchange and keep all balance in fiat or USDT.  And for the better trade on platform that allow to make profit when bearish trend,  like platform exchange Bitmex and MT4. And don't forget to use stop loss in every trade.
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There are many kind of trading strategies which have been presented in financial market. I find 4 common active trading strategies (https://www.investopedia.com/articles/active-trading/11/four-types-of-active-traders.asp) which can help newbies like you and can well meet your requirements. However, I think that the best trading strategy is the one which can be changed continuously by the traders, i.e there's no trading strategy at all and traders have to change the trading strategy by months, days or even hours depending on the common market situation and current account status.

Current time isnt a good way to do trades, users might have disadvantage that can cause losses. Market situation is unhealthy there bothing pump happing right now so its hard for a newbie to analize what to do whether to sell or not. I advice on you to buy an akrcoins for bow and hold. For a begginers like you practicing now cant help, traders which has a highly experienced and knowledge can flow the rythm of buy and sell.

You want to learn how to trade as well as you want to have more knowledge and experience so you can experience in the investment field you need to learn a lot from your predecessors as well as your knowledge.

Market condition not always good but people with high skill and experience can see there's always opportunity in many situation. I suggest you not push to hard because human have limit but how he can manage his skill is important. If you don't see any opportunity to make money just leave it and find another way to make money. Not every person won't leave market but when they push too hard market will make them bankrupt.

Day trading I would say is not as beneficial as long term holding. It is somewhat high risk and there is potential that you won’t even make any profit that day. I believe long term trading is more beneficial and you should investigate it! I have done long term trading/holding it has made me over 20BTC. Too bad that was a long time ago and I sold out before it reached anywhere near its current value, definitely a mistake, but not one I will make again!

If you think about the energy cost when it comes to day trading it can easily consume your life, whereas holding is just a singular event that takes place once (at initial purchase). So unless you're ready to put your life into this, and dedicate 8+ hours a day to effective day trading then you probably won't make as much money as you expect. Avoid it unless you really can focus for extended periods of time.

I think,what ever the way or many way a straregy for trading it is the same way at the end,only hold and sell our money,and the keys is only foresight about what and when should we hold and sell,and for pressing or subtracting our risk it is better way we join to margin especially for beginners we can train sensitivity and dexterity in trading.
 Lets try and goodluck !

Thanks for this thread. It help me learn about trading.

Zeniex exchange invites new and experienced traders to trade with us.

Cryptocurrency exchange Zeniex established by a group of financial and security experts from South Korea and China has been launched on May 8th, 2018.

Zeniex has already listed 10 coins, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Lite Coin (LTC), Bytom (BTM), EOS, 0x (ZRX), Scry.info (DDD), Pixie Coin (PXC). More coins will be added soon.

We constantly hold various events and give aways.
From currently active Zeniex do not take any fees for all ETC operations till September 2018

Exchange supports BTC and ETH markets.

CCN about Zeniex "Zeniex, an exchange which received investment from China’s largest internet security company Qihoo 360 and is connected to Bishije and Jinse Chaijing crypto/blockchain media outlets, is now based in Korea."
https://www.ccn.com/a-big-threat-to-korean-exchanges-chinese-capital-floods-korean-crypto-markets/

Website: www.zeniex.com
News and Updates: https://bitcointalk.org/index.php?topic=4391329.msg39111069#msg39111069

Really hard to give tips right now because as you have said, trading is not that profitable at least when you are that newbie in the field. I suggest that you just hold on your coins and not to do day trading because the risk is too big right now. I myself started to stop my trading once bitcoin hits $6K because the alts are also affected in a negative way. I just advise you to buy coins that you think have the potential to make it big once bitcoins recover and just Hold onto it for at least 6 months and see how it goes for you.

I think you should be up on youtube to learn how to trade, so it would be better if you ask on this forum. Be patient and learn that you will succeed on the way to doing business with electronic money.

You should spend alot of your time to study and practice trade in other for you to develop your skills and experiences on how to trade professionally. You should not put your money into any coins when you are not sure that you are not going to make money.

Little tips from me about trading
If you still lay, you should start with a small nominal. Keep in mind the fluctuations in bitcoin prices can be very significant and even wild. If you invest heavily in the beginning and it turns out bitcoin prices dropped dramatically, then you will experience a huge loss
Do not store too much bitcoin
Again, the value of bitcoin can not be ascertained at any time, let alone the regulation still varies in each region. You can never predict what will happen. So, avoid too much bitcoin pile. When your money is 'stuck' in digital form, you can not invest it for other purposes. In addition, too large a heap also increases the risk of hacking by irresponsible parties.

Well, your approach is really appreciated that you are interested in learning the supply & demand concepts. To be honest, there are tons of courses found on the websites like Teacheron, Chegg, Udemy and many more. You can easily learn from them, but you need to apply them in real trading and practice it harder to become master in trading. Also, you must be updating your strategies on a timely basis whenever the dynamics of trading are changing. You can also have a mentor or coach to guide you physically and mentally, which will help you to control your emotions while trading.

Knowledge is the most important use of investing so you can think of wise decisions if you really want to improve as you work harder and trust yourself

It is simple to understand because experience is the best way to gain some knowledge in this field. So we should start step by step in trading the first process is buy low and sell high it is the main rule then we can fix the time period of trading and we should try continuously definitely one day we are the professional traders.

You did good asking for advice here, bitcointalk is great source for ideas and knowledge.

Regarding signal groups, I don't recommend relying to that. learn how to read/analyze the chart.

Foremost I feel so sorry to hear such a bad new of your trading. Anyway I advise you not to be depressed and disappointed like that. You’ve just said that  you got experiences but don’t you think that whether with this amount of experience is good enough for you to trade efficiently. Trading is not an easy job but not really too difficult, thus if you want to gain much benefit, you need to be more patient. Most importantly, don’t afraid of making mistake. You yourself create your mistake, though it’s a big or small mistake, you’d better to make use of that mistake, try to analyze and learn from mistake are always a rewarding element which lead you to success. The more you learn from mistake, the more you can improve your skill and reap an fruits later. Keep learning daily and believe you can do better in some next project. Best wish for you guy!

I can send you a youtube link to a very informative video series that trains people to day trade. DM me for the link.

Hello bro! I can also relate in your experience because I also started my cryptocurrency trading journey with just a little knowledge so what I did is that I joined groups on Facebook and cryptocurrency group chats then researched into Google and Youtube on Tips and Strategies to remember in Cryptocurrency Trading as a beginner and it really helped me to be wiser and become more confident in trading.

Also study the basics of technical analysis candlestick analysis and figure out the fundamental analysis. This all in aggregate will give you the necessary knowledge. Knowledge still needs experience, so practice all the time, on small amounts. Learn some topic and immediately apply it in practice. Do an analysis of your mistakes.
Nobody became an excellent trader as soon as he started trading. We all started the same way as you. We tried, some deals were good, some not. The main thing is that you have aspirations to learn. At this stage, you need to allocate the most time for training. Read articles with price forecasts, write out what indicators the authors use for their forecasts. If the forecast is correct, remember which indicators helped the author in this. Gradually study these indicators and make your predictions and act accordingly to them.
Remember the following:
1. Invest only the amount that you are really ready to lose
2. Do not put everything in one coin
3. Before buying a coin, determine the point of purchase and the points of sale (the first selling point in case the price goes up, the second selling point in case the price goes down)
Good luck!

Due to the price reduction,many new traders get panic.But this price reduction is not a permanent one.You have to hold your bitcoin at this situation.Holding is the part of trading , which prevents you from the loss.Inverse in bitcoin at the dump,but the profit is based on your holding capacity.

First of all you should know the growth btc price everyday. Trading in bitcoin is different from other trading, like forex and another place, thats what I felt. Fundamental analysis is great to use for trading in btc, because the average growth of bitcoin prices is strongly be affected by some information. if you are a new to trading, it is better to learn it first. Look the latest information about cryptocoin and also look bitcoin price day to day.

that's what often happens and I'm with, lots of panicked new traders and they make a lot of mistakes selling some of the coins they buy for a high price, and that's certainly very detrimental and makes them lose their money in trading, and indeed the decrease of bitcoin and the other altcoin is not permanent, and everything will grow again, and there is no other way than we hold and be patient until everything will come back up.

Keep learning about trading and all the procedure and processes come in it with difficult market situations sometimes so prepare yourself for your big step in this modern market. Although it is not so easy and not as responsive in the beginning as it will take a little time for you to gain momentum. Once you gain momentum here then you will be trading unstoppably with profits.

There are some resourses that have webinars. I think it's really important to find a source where you can find everything about crypto

I know one that will have a school with stuff for people in cryptoworld

Yes lost of negative spreading. But do not bother about that. No need any articles to learn about trading. Because this is the right place to learn and improve yourself. Just go to Trading discussion session read other post and gain knowledge. Instead of keeping all the money in single coin, better split into other altcoins. Also you need patience to gain profit.  Initially start it with a small amount so that loss will also be less. With this small initial amount you can make only a minimal gain, but can gain much experience and knowledge about the trading. Once you are confident as much with trading they you can go ahead with large amounts.

I have heard about Udemy, but I know that one project going to launch huge portal -and they doing  free webinars with lifehacks and useful tools https://www.youtube.com/playlist?list=PLR89JHFPE4o9fxKjNuPaQRaEcWAYGCurj

I kind of believe that the best and the most efficient way to learn trading is just to learn the basics from various places and just experience it yourself, because just sitting and reading people's comments and various ways of trading  will never lead you anywhere , it is ok to try and fail once or twice but it is not ok to be afraid of trying things yourself, because trading in cryptocurrency is risky and requires courage.

This is just a big adjustment after it has risen sharply by the end of 2017. Everyone expects Bitcoin to continue to grow, but too high values will turn the market into a big bubble and will explode. For the long-term survival of the market, such large adjustments required every year.

I think it's important to master technical analysis and also have some knowledge about fundamental analysis. It can be very helpful to be profitable during trading.

In the middle of a bearish market there is still a token or altcoin that has good growth, you need to analyze more cryptocurrency, I also suggest you to see more information from token because we can take advantage of the down and rising token price, for now I have not been able to expect on the big crypto at the moment and over looking into a small crypto like token.

Information on all the questions you are interested in can be found in this community. The main thing is to correctly formulate the question and learn how to use the search engine.

Do not confuse yourself in falling to complications that is not in benefit and will waste your time. If you have the basic knowledge you gained in university or experienced it in the modern market then you just need to start by following those rules and principles.

You will be safe by doing so the same as you have knowledge of. Trading is simple with any currency online system is always available so you have to understand the procedure only.

You can watch some videos (ICT, trader Dante). Read some books (by Nik Pater f.e.). Also, you can join a trading group (in discord or telegram).

You've already equipped yourself with the necessity and that is experience.
You can read all you can with all the technical analysis of all professionals but it will still not be accurate.

Trading crypto is way different than those in forex.
One good example is now. Bitcoin price is jumping in different numbers and altcoins are being dragged with it.

i think you enter at the wrong time , because btc have down trend now,i think that candle not to be accurete,but its better then you do not analyst at all. i also lose in trade, but it a great experience sometime you win sometime you learn  ;)

To improve your trading skill, you should strengthen your basic understanding about trading strategy. You said you had made profit and losses, so my advise keep focusing on how you made those profits and try to leanr . Lucky you, if you still have your coin because the markets has started to become green.

Improve meaning change, you can change time frame, strategy, method and money management. Before that you should know your capability, asset and mistakes as basic strategy. Example, if you use trade/ invest using short/ medium term period and fail you can change become long term period and martiangle money management. Find the best for you and good luck.

Technical analysis is needed in the crypto currency trading but it doesn't make us successful because crypto currencies are not like stocks which follows the same chart line.The crypto currencies will act according to the current situation so all we need is the experience and the enough capital to do trade which is affordable to lose.

If you want to get better deals as well as you want you to have good trading knowledge then you need to learn how to trade. It will help you to have more knowledge and trading skills

There is always a right time for everything and that you must put in the best of your efforts at that time even if the market value of the crypto coins is falling. At this very moment, holding is much better option to do and that this will help you in staying away from any kind of loss. You need not to get panic and that you must keep your nerves under your control.

The issue with a lot of people is that they are never patient to learn and they will still tell you with all they have learned, the market seems to be too volatile and keep looking for excuses. A huge learning of not just analysis of the chart but capital management is needed. This is even more important when making trading decisions and percentages to be involved in when it comes to making a trade. Also, mistakes are meant to be learned from which is all that comes down to the experience gained eventually, but it seems some are always in a rush to do everything and no one can learn how to trade with that attribute.

Learning to trade is not that easy, because there are a lot of information that you need to know before investing into a certain coin in order to earn profit.

Focus on one startegy for starters, for example scalping strategy.
scalping is great for newbies, since it only requires a small
price change. watch some videos in youtube about scalping.

Learning the things which can then help you in doing the trade efficiently is not an easy thing to do and that you have to do a lot of efforts if you really want to do any such thing. There are things like that of the knowledge of the technical analysis, market analysis and keeping yourself up-to-date with the latest information so that you can then be able to think in a better way before making any decision.

Neither easy nor impossible. We have a large number of experts who teaches basic tactics on Youtube for free without and fee and one can also use search engines like Google and Yahoo etc to explore and gain the basic knowledge about the technology. The basic things are knowledge about the technology that is how well you know about the asset and the market information. You can trade easy and can earn profit if you are expert at these two things. The rest is not a tough job.

I think you should watch more than acting. Because vision is so important in the field of investing, you need a good economic mindset and have subtle thinking to realize the potential of the altcoins or the next market trend.
You need to spend a few hours a day looking at and understanding how the market works, from which you will have your own investment formula.

Current time is certainly not a decent method to do exchanges, clients may have drawback that can cause misfortunes. Market circumstance is unfortunate there nothing pump happening right now so its difficult for a novice to examine what to do whether to offer or not. I counsel on you to purchase an altcoins for bow and hold. For a learners like you honing now cannot help, merchants which has an exceedingly experienced and information can stream the musicality of purchase and offer.

Learning to trade not so easy. Its fully depend on how much you spend the time to learn. Basically trade is a future, its target fill up, buying a coin and target a min amount then sell bid of your coin. Most of the traders follow this rules.

We perform many works in our daily life and do not think wisely while expecting and hope for profit but do not look into the modern world. The modernism of currency has brought more opportunities for us and we can trade easily with these crypto coins if we educate our selves with its knowledge. We can learn through simple ways as we are in technological world so we can use Youtube, Google search and many other ways which connect us with experts.

Conduct self assestment if you want to go daily trading, Successful day trading requires a combination of knowledge skills and traits as well as a commitment to a lifestyle. Are you adept with mathematical analysis. full of financial knowledge, aware of behavioral psychology in yourself as well as others and do you have the stomach for entrepreneurship, Contrary to the perceived notion of an easy life or easy money day trading actually requires. long working hours, very little leave from work, continouos self learning without guidance, risk taking abilities and a never ending commitment to daily activities of a job.

You should go to youtube where there are many individuals sharing useful videos, so this will be one of the best learning places I have ever seen.

To learn is to say it is a statement that parents remind their children I find it true because you want to know you need to learn and learn, to trade you need to learn as well as you should study about The way to trade so you can have your own way of trading

There comes times when all you can do is wait for the right opportunity to buy in or sell. It indeed is a bearish market and its playing against you.
You should stay calm and stop trading for a while in my opinion. That's the best we could do when the market is acting against us.
It's good that you are learning to trade on your own and making profits despite the bearish trend but don't trade more if you are loosing on big trades.

if you want to start trading know first the risk if you want to trade in crypto so if you fail you will not be surprised and will not despair.

It is so rare to find a legit videos for trading and most of them are just for a show only but there are some of them that can really give you a good strategy of trading if you do have the time to research and is focus to learn of what they were doing.

Trading at this time is very risky because it is relatively dump and greatly affects the price of alt
I suggest to stop while trading the market is not friendly, but if you want long trade to be allowed to trade
because trading is not suitable as the main income, so take a break while trading is not the main job

It is not easy to learn trade. It is not lengthy process but you have to understand about the market strategy and then you can get good profit earnings. If you invest you have to be patience for right time definitely you can get better earnings.

For you to learn trading you should have some techniques in trading so that if you lose you know how to backtrack and learn from that mistake if you are just a newbie it is normal that you commit a mistake because you are in the process of learning and you are still working on how you will get your trading right and not to lose. It is to risky if you are first timer but do not lose hope if you experience a lose in doing the trading you can improve it by learning that mistakes.

Everyone has learned much about trading and they have a lot of experience here,
because every price of goods in the markets depends on their release value.

The general cryptocurrency market has been in an unprofitable state and this is solely not too good for day traders. You need to learn how to invest for the long term during these bearish seasons.

However, you need to get a mentor that would guide you better to know how to trade as well.

If you want to learn how to trade then go to google search, there are quite a lot of people for you to learn and from which you can improve the knowledge better.

The most important thing in this trading market is your mindset and you need to have positive mindset in this volatile market.You entered the market at wrong time when prices were way down and from that level they have gone far way down but you need to have patience and hodl your coins until bull run hits the market.You need to build trading strategies like reducing the risk by diversifying your portfolio. Gain knowledge,experience side by side and improve your skills which will help you to gain success in this feild.Risk is key element in every business and you can't overlook it but try to reduce its effect. Have faith in yourself.

Create your own strategy and stick to it no matter what. Decide what profit are you willing to take from your investments.

When you lose, your emotions will affect trading, which will lead to you losing more. The thing you need to do is relax so that you do not mix emotions into trading. When you are normal, you need to study the market analysis, chart, coin, ... thoroughly. Then you plan your trading and start trading again

that's a very good suggestion, indeed to do trade we must have clear thinking and not emotional, because trading with emotions can lead to a defeat that we will suffer, and it will have a negative impact on our trade.

if you want to learn to trade you have to buy a voucher and also have to be brave to buy coins that will be traded, every day you have to look at the price of the coin price and also have to dare to buy coins that will be invested.

Man learns from born to death. Many people have no academic education but they are successful in their own field. An educated trader tries to follow the news, technical analysis, review, and forum. Sure, an educated trader can make trade easy. But a trader who has a lack of knowledge can also make a profit without help from anyone. They can use their mental power to know what is going on. Most of the time their prediction are right. So I do not agree with “MUST BE”.

If you compare crypto trading with btc trading , they are completely different because crypto trading far more riskier than stock exchange.
So my advice, if you can't afford to loss better to stop trading. But if you keep insist to play it, I suggest to hold for long term because crypto being made for long term investment , not short term !

Before starting to learn it, you should recognize that it is really difficult work. It is really WORK! Not hobby! First of all read about cryptocurrencies, principals of blockchain work. Secondly find exchanges where you are going to trade (for example Binance, Bittrex, Kucoin, Bitfinex and etc). Thirdly learn about technical analysis, fundamental analysis and indicators. Making this you will create your own trading system. Also you have to identify what kind of technical analysis do you want to learn. For example I like to learn about techniques which can help to calculate days of trend reversal and levels of resistance and support, like techniques of William Gann, Bradley Cowan. Someone is based on classical prediction - Elliot waves, someone on the mathematical model - nonlinear fractal analysis, but there are those who trade on the indicators.

Actually,  we have also to follow our emotions sometimes but not at all times. Our emotions gives us help also to think what is right and wrong,  but before you come up with your final decision, you must have to think it many times. Crypto trading aren't much different from then local trades, only we have to be strong enough and to avoid losses in the future.

You can learn how to trade by yourself just observe what they do or just read in google how to trade if you loss it then make it your strength to not loss again.

      You know you did right because Experience is the best teaching and learning tools. While you are doing by yourself you could create some strategy that others do not know but only you and from that you learn more. Also try to look at some trading demo on youtube you can find important things to be added in your trading plan.

If to increase income every time you need to increase investment capital because when you have experienced a failure the possibility to wait for the initial capital is very long and can make a trader become saturated later.

In my opinion, when trading you should choice a good exchanger that has a low fee in transferring your transanction. And you should check always there price.

It is important learning to trade. We are working with our capital and we have to manage it proper way. Market is going down and up. If we can identify those positions we can earn profit always. There are many places for learning to trade. Pumping channelas. Price prediction charts also should be understand. Though you study every prediction of other it will not be enough. You should be able to observe yourself to be sucess.

First, you need to learn first the basics of Trading, like how to use particular exchange, how to set order, how to set stop loss. Learn how to read different charts, it will help you when to enter or exit, also the best to learn is the different patterns in chart.

In my opinion the best teacher is practice, so you need to practically go into the trading action in order to learn how to be more successful and professional Trader here on this market.

If you see it's hard to improve your trading skill, you can consider to buy auto trading. Otherwise you must learning hard, it's not easy to someone guide you on these topic

I think you need to wait as the bearish market is still continues and holding now is the very safe way you can do since you tell us that you are still learning, learn more and read here in forum.

There are many people sharing on many social networking sites like facebook, twitter, etc. But I like learning on youtube because here we can see them sharing pictures and illustrated examples.

I think it's easy to understand because experience is the best way to get knowledge in this field. So we have to start step by step in trading the first process is buying low and selling high. I recommend holding it for the long term.

For everyone how to trade but with me the first lesson before entering the Bitcoin market is to learn the knowledge about Bitcoin and how it works. I feel the market is too complicated and i learn it to trade by myself even i have to watch youtube clips on the trade.

Trading is knife with two edges. As long as you know what are you are doing, it could be a very good strategy to multiply BTC. However, you need to investigate carefully the alt in which you are entering. Timing is essential - buy at the dip not at the peak is a must. Last but not least you need to convert your profit, not to wait too much because you could get greedy and the coin may return to the original state and never come back. The truth is you need experience which will you have with time.

If you are looking for trading strategy then you should learn trading rules when you will have got trading rules then you could make own trading strategy and I think, it's better than follow another strategy which is made by others. Because every strategy has some hidden rules which know the strategy maker.
So I will suggest you Babypips.com to learn the trading. It's a nice place to learn to trade.

Information on all the questions you are searching for are located in this kind of local community. The most important thing is always to effectively make the particular issue and also discover ways to utilize the search results.

New tips for the people who keep asking that how they should learn the crypto currency trading : They should start using the bots straight away because if they cant go over the internet and learn the trading by themselves instead of asking the questions here then there is no point in that question. Just help yourself with a bot which will get you some good trades done all the time and you can have happy trades periodically. You just need to buy license from the trusted sources and then you can trade whenever you want.

Trading in times like this when price of Bitcoin moves most of the times sideways is hard for traders. But for those are very much familiar with trading in Cryptos, they know what to do and its not to stay away from trading to avoid further loses but to trade with caution and using trading tools to check the current trend and where the price is heading. Learn to read those charts and learn how to use it.

That would be the worst advice? Why would someone who knows nothing about the trading market rush into botting? They probably will end up messing and losing everything. Let them learn first how to trade. Let them execute the trades first. Then they can set up the bots to do it automatically. At least they will know whats going on and will be able to utilize the bots at its best.

Right.A good trader knows how to make profit whether the price of bitcoin is in upward or downward trend.You need to have a close monitoring on the price chart so you will have an idea where the price will go.Keep on learning bitcoin and the things associated in it so you will find more ways how to make your trading more successful.

Have you thought about trying depth chart analysis? I discovered it recently and it allows you to view short-term sentiment and momentum, and then trade off it. I am now making 1-2% consistently on the majority of my trades, getting in and out quickly. Losses are contained when the market moves against you.

The discord community I learned this from are great. Check it out: Join Voodoo Crypto Discord (https://discord.gg/nCmjwmQ)

Any questions, let me know!

Learning to trade is not that hard you just need to watch some video and understand it, now if you understand it and know what to do then you can do the trading. If you will trade you need to monitor the price if you want to earn a passive income, but if you do not have any time and you just do the trading with your free time then you can do long term trading. In long term trading you just need to set your order book and you will wait if there is someone who will buy your coin.

Learning is really not hard for those people who are really eager to learn with proper motivation and determination.I suggest to start trading with a small capital so you won't be frustrated if ever something went wrong in the end.Mistakes normally occured for traders,you just have to learn from it and apply the lessons in your next trading.And as much as possible,trade only for profits and not with your personal emotions.

   
Learning to trade
June 23, 2018, 06:07:38 AM
Reply with quote  +Merit  #1
I have been learning how to trade btc and altcoins by myself and having my experiences. I read online articles on trading signals and what to watch out for.  I've made some profits and lost a good deal.  Good thing I started with very little capital. Right now everything looks so negative especially as btc went so bearish.

I need advice on how to improve my trading because I really want to do this Angry

U like the fact that you are interested in trading cryptocurrency and you also like to improve on your trading. Patience is virtue you need to learn and have in cryptocurrency,  no matter how good you are at trading if you don't apply patience,  you may continue to lose!

Successful traders takes ample time to hone their skills. Trading skills is not something that happen overnight, you need to be persistent with it. Personally, my experience in this space has shown me that TA and FA aren't enough to be make successful trading rather I'll say you should watch out for news. News (hype) influence this space alot.

Have lost a lot of money trading blindly, not taking profits and entering wrongly, not even using stop loss was a disaster, honestly I learnt the hard way, but I have improved

Yes you are right, your experience by trading in the market either you lose or earn profit is one of the best way to become successful someday and that is the reason why you should pursue cryptocurrency.

at the moment isnt a good way to do trades, users might have disadvantage that can cause losses.,market situation is unhealthy there bothing pump happing right now so its hard for a newbie to analize what to do whether to sell or not. I advice on you to buy an akrcoins for bow and hold. for a begginers like you practicing now cant help, traders which has a highly experienced and knowledge can flow the rythm of buy and sell....

I can see myself to you when I was new here In forum and together practice trading with bitcoin and altcoins as well. I all allone learn from crypto trading through watching sample videos and read some Important topic here In the forum. And now I can say, I'm quite good In trading, but Im still looking forward for those more experts In cryptos.

I believe these tips from Cryptopotato may help you: https://cryptopotato.com/8-must-read-tips-trading-bitcoin-altcoins/.

As it was asked before — what about your strategy? As I'm not aware of your trading style, the only thing that I can do is to recommend a place for trading or buying. For example, I use CEX (https://cex.io/) for trading and buying coins 'cause this exchange allows using cards which simplifies the process.

Hello. I want to tell you today about the ABCC exchange. This exchange has all the prerequisites to become the stock exchange number one!
This exchange pays users a percentage of the profits for transactions, you can just trade and make a profit in the current AT. The system is called Trade-to-Mine. Also, you can simply keep stock tokens on a stock exchange purse and will also profit from commissions. You pay daily. But the first payment is only seven days after the tokens are withheld.
There is a Bounty program for the exchange community.
The interface of the exchange is simple and convenient. The main part of the stock exchange is a large number of alcocamines. Also there is a very generous referral program. Users receive a percentage even for referrals of the second tribe.
You can just go to the site of the https://abcc.com exchange and see for yourself the amount of the daily payment. This can be seen right on the first page of the stock exchange's website.
The exchange token named AT has a huge potential for growth. Now the price of the token is only about 75 US cents.
There is also a mobile application. You can trade directly directly from your gadget.
Attach more likely the quantity of the registered people on a stock exchange grows with geometrical progression. Token AT will only go up.

If you ain't good in this bearish market is good you stay off it or better still take some class online regarding how to trade in bearish market which I know it's risky to your small Capital. I started like you but found out that Cryptocurrency as a whole has different side of making money out of it.

Experience is not the only way forward; neither should it even be the first step any new trader should make. A lot of people have ended up coming with this mindset that if only they can at least, hit the chart, start trading with so little, they can end up building up experience, but in reality, you will only keep trading with small, losing it, adding more to it, until you end up losing everything and nothing changes.

This is why learning is a very important aspect for anyone who wants to trade. Learn the basics, build on a strategy, and then gain confidence. It is not a day's job as it takes gradual steps to get there and those who are always in a rush usually get frustrated at the end so fast.

You would not have been able to use stop loss since you said it yourself that you were trading blindly. The truth remains that if you are trading a market without a strategy, then you are just gambling. A lot of people do not see it that way, but that is the truth.

It is not just about buying as you should be able to ask yourself, why do I want to buy and does it goes according to my strategy? And the same thing applies to when you want to sell and when you want to stop loss as well. It is a lot of things to take in, but that is where learning and building up your experience and confidence comes in.

in the current situation, trade with middle time is very risky. the price is very unstable. and a good strategy for making profits is scalping. but you have to divide your capital in 3 parts, to make a profit. because backing is very necessary. trade at a fast tempo, enough profits 2% - 10% and do 2-3x trading.

Now as you have decided to learn about trading in bearish market then it is a very good decision if you do so. We have many ideas and strategies but first your introduction to the bearish market is necessary so first you introduce with it and then proceed further for more discussion. If you have the basic knowledge then you will find it easy to know perfect decision making times and solutions.

Here do not teach you too many good things. I recommend investing money into an investment course. Investing in stocks is very similar to investment in the crypto market. They will teach you technical and psychological analysis, which is very important in investing in this market.

I tried to learn how to trade, but I can not turn off emotions and follow the strategy. For myself, I chose a strategy HODL

You have to look for trading signals on the telegram or learn from tranding experts, it can improve trading strategies

I admire you for being eager and optimistic to learn but actually it is very risky to invest right now as the bearish market is still in effect in which even the master of trading is losing big right now.Therefore i suggest that we will wait for the market to become healthy once again so that your efforts will not be wasted but if you are really eager to learn despite of the market condition then may this link will help you. https://cryptopotato.com/8-must-read-tips-trading-bitcoin-altcoins/

Cryptocurrency trading cannot be instant, it must go through a small transaction process first and lose first. Remember to be smart "experience is the best teacher". From that failure we become smart and in trading more profitable, not always profitable. Because a number of times definitely lose.

The best advice i could give you really is to be friends with other traders! Yes that is very important new or season traders have both so much to share, not to mention it is happier to trade with a buddy. Also never believe pump and dump groups! Believe me they do it for themselves and not really to share info to anyone. Lastly, there is an app in play store called JCP which you can download for free. It teaches japanese candle reading.

You can be an  accomplished trader by learning both technical and fundamental analysis via babypips.com although it might take some time to achieve your goal but you have to be dedicated and persevere because trading can be very risky you can as well look for good mentor rather than following signals from unreliable source.

a good thing when we want to learn to trade, because there we are tested for our patience and emotions how we can get profit when prices are down. we can learn through books or youtube that are easy to understand. the most important thing is don't be careless and panic so you don't want to lose.

I have trading strategy like bottom picking, scalping and etc. However, because of my small capital, I often trade. I just hold my tokens for a long run specially nowadays that the market is full of red. I used stoploss and risk management but I just hold other tokens to my wallet because I have trust with them.

To improve your trading skills and knowledge
Study and analysts all your mistake how to correct
This idea is very effective to increase your skill in trading
But sad to say this current price of bitcoin and altcoins more risk for the trader's to earn profits
Patience and time quality are the key to got success in this field

You've done well so far, what you got out of it was realistic with both the highs and downs but now I consider trading as a matter of time until the markets stabilise again

You need to read a lot more, having lost once or two can't prove that you're experieced, but it doesn't mean you have to lose every time. I think it just not the right time, you trade in the wrong time. Analyse the situation, analyse the trends, you've done good so far, don't be satisfied with that, keep improving yourself, when the right time comes, you'll be very equipped by both knowledge and experience to avoid lost and get what you expected.

To improve your trading is not that easy dude, it may take times before you master it. So if you're in a hurry, trading is not for you. In short, your not supposed to be here. But, if you are wholeheartedly determine to know everything here, well in that case you have a chance that you can enhance your trading skill, just explore yourself most often in trading topic. Always, observe what the traders always did every time they are in the platform.

When you trust a coin / token, you must do the best for the coin. If the prospect is seen in the future, then you should be able to trust the holding coin until the price increases. Trading is actually a simple matter, because basically you have to sell coins that you have far more expensive than when you bought them. By increasingly learning the science of trading, you will be smarter to take advantage of momentum in making decisions when trading.

I've heard someone say a good word. "The money of this world will change from impatient to patient," the loss of investment is inevitable. Do not try to pay attention to your account balance at this time. Do not lose your wisdom so you can regain what you lost from the cryptocurrency market. Good luck!

well, now it's really bad, because of the recent hardfork bitcoincash, i don't know whether it's good to enter in the current market conditions, or bad.
you better wait for a while and change all assets to fiat, or usdt.

Trading needs a lot of  time to learn , you dont have to be hurry.  Every success in life needs a lot of patience and effort to learn more for you to be able to earn what you want. Good strategy in trading  results a good profit too but not all the time you will success on that. Take time to learn also others experience because it may help you while you are un trading. Be patient.

I have tried trading cryptocurrencies several times but still, haven't found the right recipe to continue to profit and not suffer losses, especially when the market conditions are very bad like now, I am very hesitant to trade. right now I'm thinking of keeping money and trading when the bull market returns.

in trading we do not have any strategy, everything goes with an observation system, we always make observations and start trading simulations, and do not do any trading as long as we do not really understand the situation that can affect the value of crypto currencies, because we do not fall in trade, so learn and always ask teachers and friends who understand the crypto world, I think that's just our way of trading.

Sometimes you have to touch the rod to check how much hot it is, so that you can mold it to any shape. So yes, go through some basic demo classes and practices and see how loss affects you.

Well, losing is part of trading because you would not be able to learn if you just keep on winning. You will be too confident is that would happen and then with just one trade when you least expect it, you would lose everything that you have earned. This would happen if you don't have a proper trading plan and just go with the flow with no idea what will you be doing if the price would go up or down in the future.

to minimize loss you should learn how to trade, chart, Tech analysis, fundamental analysis and sentiment analysis for manual trading.
It will be great to learn how to trade manually and trade with free automated trading bot that can be set up in 10 minutes. But for newbies it can be problematic.. But I adore the Trade Santa bot interface because it's easy to use and I like their simple interface.

Investing with common investment is to buy at a cheap price holding a hold of selling at a high price to benefit, but for now with the conditions and conditions of the development of crypto currencies that are increasingly decreasing it requires considerable confidence and patience to trade

Best form of trading can be learned only through the experience so the people who want to learn and be successful in crypto trading they should try it with low capital and then they can go with full of money when they think that they are enough knowledgeable in that profession.

Well I think you are on wrong path. Who says we don’t have strategy. A trader does nest get anything if doesn’t know who to handle the disturbance. He must have plan according to which we have to move.

If you don't have found a trading venue that suits your needs i recommend Velvet.exchange https://t.me/velvetbroker_news (https://t.me/velvetbroker_news) Also you must studying the types of trading strategies and analytical reports. Thanks to this, you will be able to understand which of the analyses is best applicable to your trading style.

I think that the most difficult thing is to feel the market. This skill is a combination of books,  youtube videos, communication w other traders and your own experience. It takes a lot of your time.. But I'm very lazy:( I found a free bot https://cointelegraph.com/news/festive-free-automated-trading-bot-can-be-set-up-in-10-minutes it seems to be ok so far.

A few days ago I already subscribed to the channel of this exchange. I recognize all the news among the first. It is too early to say, but what the developers of the exchange have in mind I really like. The main thing is that they were able to bring everything to life.

I think trading requires a lot of learning about various types of trading strategies, if you have a good strategy, conditions like now can still be profitable. but not everyone can benefit from the current conditions, because this year I suffered a lot of losses because I was less careful and my strategy was bad

resting in trading is better now, we have trouble finding the lowest price of bitcoin. because bitcoin affects all altcoins.
unless you are sure that the altcoin can survive and is not affected by bitcoin.
it's a difficult day to trade.

If you cant gain profit when the market goes down and only can gain profit when the market goes up, than youre not a trader but still just an investor.
Trader should also know how to short, i think thats what makes that job looks interesting.

Continue learning because it may help you to earn knowledge about trading and also it may help if you ask others what they know about it. Trading is risky so you need to be careful and be wise. Learn to be patient. Looses ais always present in trading if youre knowledge is not enough.

You can learn trading if you are going to keep reading and don't scared even others have negative feedback about bitcoin. Better to buy again more bitcoin and for sure you will earn more money and you will be happy in the future.

What you want want to do is learn to trade, not learn to read and comprehend. If you keep on reading without actuall trading, you cant apply anything that you learned from what you have just read. Don't be afraid to commit mistakes. You are on track with trading on small amounts, its like a hit and miss.

I saw some posts above stating its not good time to trade as BTC is bearish. I think trading is something which can be done in bullish as well as bearish market, yes trading is not recommended in sideways market as there is no fluctuation in price. As cryptocurrency market is very new there is no large volume in many cryto exchanges except few one like Binance, so first of all if you want learn trade go do some high volume exchange. You need to have solid analysis either technical or fundamental inorder to take trade, tech analysis can be learnt at various websites like babypips. Always try to trade with plan, if you trade w/o any plan then chances of getting successful are almost nil, as your experience grows your trading skills become sharp.

Experience is surely needed, but how can you start trading when you do not know the theory? learn everything about this business through the Internet (YouTube, for instance) and through books.

Experience is the great teacher if you had failed at the first time you had traded you will learn how to analyze which is the best coin to trade. Be a keen observer in the market so that you can invest on the right coin.

make invest on top coins and do trade so you can get good profit depend on your coin maturity.

because the existence of a bad experience is the key to success too because with that experience will encourage us to be able to correct the mistakes that have been made, so do not ever be traumatized by the bad experiences you've ever

When trading, I pay special attention to fundamental analysis, and I don't trust someone’s signals. In order to gain experience in trading, first try to trade in demo version, so as not to lose real money. Not all the exchanges have this function, but still there are some of them, I read about the velvet exchange there is such an opportunity, plus they have a lot of useful information on trading published.

take some time and do study in trading strategy and make small amount of money to to trade from that also you can get the experience.do watch videos in you tube and make clear your doubts.

You have already making a good strategy and that is to learn for yourself,imagine that even if you fail atleast theres nothing to blamed..and you can make this a charge to experience,we are losing on many times here but this is just part of being cryptonians.we must learn to lose before we learn to earn

Trading is not easy. If you decide to deal with this business, you must combine the theory with the practice, otherwise, you will not have any success. Do not give up even when you lose.

learning to trade and transacting bitcoin itself is good, but in my opinion it's not good either, because without anyone directing and guiding us to do it all is certainly very risky if you make a mistake, if I better ask for help from someone who is proficient in matters that, and if I already knew that I would develop my own trade, and I would study speculation and analysis of market price.

Trading is risky, it needs a  lot of knowledge  for you to not able  to loose.
It is good that you started in a small capital, you did not loose everything.
Patience is the key to earn a good profit in trading, as todays situation of the market dont be affected by that instead be positive and patiently wait.

If I were you, i will join some trading groups in telegram and discord. They are somewhat helpful. But of course, join at your own risk and do not fully trust their TAs. Also, you did a good start, try to do the next step. Watch videos on youtube that maybe a help you to learn some strategies.

There are some exchanges that offers demo trading where in you can practice like a real situation. Trading is very profitable especially if you are a big time trader. Learning the terms on trading and some trick or techniques will really help emprove your knowledge on trading. New traders are recommended to trade small funds if necessary to avoid getting loss.

In bearish trend, you should be make open potition short by trade on margin trading platform, when the trend bearish is better just follow that trend because the market will be more difficult to reversal. But for now the crypto market more possibility to reversal because the price already oversold so just focus on spot trading and trade only good coin.

And how to determine a really good coin to be sure of the results of your roof? It seems to me that the current state of the cryptocurrency market makes this choice almost very difficult, and in some cases unreal.

As I have recommended many times, it is best to read books, if it is of some world-class speculators and investors, it would be much better, since in their books they reflect their experiences and the way they thought and solved trade problems successfully.

Some speculators that I have always read is Wyckoff and Livermore, Warren Buffet's books are excellent. If you want to trade, you have to define what you want to achieve, whether to be an investor or to be a market speculator.

The investor studies an action or currency and decides to invest, wait and make long-term profits, the case of the speculator does not care which direction the market takes, the speculator trades downward or upward, and operates the important movements for get benefits.

The best thing you can do is read, before deciding to take expensive courses, because if you read, you will have your own arguments and begin to understand the market, could identify when an information is useful and when you should throw it away, my advice before trading, is to read .

When you feel you know something about the market, you can look for options, perhaps combine technical analysis with fundamental analysis and generate your own strategies.

Reading books will give good understanding about the strategies that have made traders earning successful. Along with the same time of reading books it good to invest small funds into trading. This will help know the reality in the market and create strategies on their own.

I don't know how others can help you, reading of online articles and books would be of great help.  As you have been trading for some time you mush have gained some experience, just use that and avoid mistakes you have made before.

definitely you should need to face the difficulties in this field in the beginning because if you not face any type of difficulties in the beginning stage it will be difficult for the middle situation that you are in creating so make all your experience in the beginning situation it will helpful for making a trading more stronger.

Before investing your money be determined that you will not sell it or trade it before you get your target price, it is very important to learn before going to trade, have patience and never sell at panic, in some cases price will down so in this case you can enter the market then trade when it will be higher than your expectation, learning and having knowledge is really important to get profit in trading.

Formal learning is not enough for a new person to get complete training on his trading field to start his journey because you have to put some money in Real exchanges then make the profit or loss it will be the first and foremost experience for everyone who want to be a good trader.

Reading is not like anything learning is always important for trading without any type of experience we cannot move on a single step in this field if we put a money without any experience will definitely going to loss but investing very very low amount in the beginning stage will be the experience for you to learn how to trade and how to manage the profit and loss after that you will be a successful trader.

You said you were reading some articles, do you also read some technical analysis? You should also joined some telegram groups to guide you in your trades but you should also know when to believe their TAs. Youtube can be a great  help also for a trader.

I am sure the current situation would greatly support trading. Pick few best coins that are below $1 with good volumes and marketcap. Choose the best exchanges like Binance, Hitbtc, Bitstamp and etc. Keep yourself updated with everyday's news and invest accordingly. This would support earn more.

trading is like a version if we explore it it will continue again and again to teach us so there is no end for the trading journey you need to be more attention with everything to learn every time when you got failure or success because these two things will teach us more than getting anything.

Joining on the groups is not a good idea for a trader,we need to learn how to analyse the market because most of the time signals coming from signals are just used for manipulation.Youtube might be helpful for leaning technical analysis particularly beginners indicators like RSI,bollinger bands,which can give an idea how the market is going to move.

To improve your trading, you need to practice a lot, study the behavior of various cryptocurrencies, rationally distribute your deposit and download convenient applications to your mobile phone that will promptly notify you of the growth or decline in prices, all this helps me to earn steadily in the digital asset market

How can you do it? It's so difficult to trade, even if you follow the trend and you just told is to trade on margin trading platform, that's more risky, especially the one you telling is newbie in trading. Trading in margin trading platform is so risky, you can get liquidated but the other part is you can gain a large number of profits. Learn first the basics before jumping into a difficult one.

There is no perfect trading on our first try. I also have the same experience as you. I learned trading on my own by reading helpful articles and videos. I also started with a little capital. Just look for more resources that could show you some demo. Have more eagerness to try more until you reach your target goal.

To become an expert you must understand how technical and fundamentals analysis and indicators work and therefore I will recommend you to study them from babypip as this is the best place to learn how to analyze forex, stocks, commodities and cryptocurrencies market.

Certainly, gathering all this information is very important, but you will never become a successful trader without experience and practice. Try to combine getting knowledge with active trading.

I think experts do not communicate in this forum. They simply do not have time to do it. As for the technical analysis, it is complicated stuff, and many people will simply do not understand much in it.

Improve on your research.  For you to be a good trader especailly in this bear market you need to carry out reserach so as to know which and which coin not to buy when and when not to buy also

Definitely, learning technical and fundamental analysis will help you survive on your own. Also, as time goes by, you should learn the differences in crypto trade. This trade is different than the others. And experience is the main success.

Trading is not very difficult, if you know how to do it :) ;D For example, I found a good review from a person who is professionally engaged in trading on a crypto market. I follow his channel and repeat his actions. Little by little, I am learning to understand this large ocean of commerce. I also found a good project that already benefits, it makes roaming available around the world, I think that there will be a big profit.

Every person have their style in trading but the only determining factor is the result to know if we are profitable or not.
Trading is easy to do, but being profitable is the hardest thing to do.

So we should learn to improve and continue to educate ourselves so we can be a successful trader.

We all started as newbies and nobody started being excellent, but it all matters on how we set our mind and goals towards success. There are different ways on how to learn trading that would help us to be effective and productive. Learning the basics of trading by having access to multiple resources of quality education will eventually lead to success. Reading books and articles provide wealth of information. Find a mentor and seek for an advise who gives fundamental understanding of the market. A good mentor is willing to provide help, answer questions, recommend useful resources, and keep spirits up when the market gets tough. Seminars can also provide valuable insight into the overall market and specific investment types.

You have no power over bad market conditions. You don't need to blame yourself if the condition is still bleeding. this condition will happen again, in the future. all you have to do is learn from your experience how to profit from such difficult conditions..

Trading is an exact science so Trading is much easier to understand, provided we can read the market situation and we can make the right decision so we can get satisfactory results. Even in the trading world we can get unlimited income, everyone will get the same opportunity and the difference is how we have the knowledge, skills and experience.

Trading is like an art to get successful you need skills and experience,doing trading at the bearish is so hard so you probably entered in the wrong time but still possible to make profits at bearish trend by using sideways of the price movement.

I think it doesn't matter if the market went bullish or even bearish as long as you know how you should handle your trades and plan to exit with a stop loss just to minimize your losses. Actually even during a bear market there's still chance to make profit you just need to know when is the right time to enter and make a trade it's all about timing. Probably you entered the market at a wrong timing. Give some more time to learn to make proper trading plan also you can find a right group at TG or facebook where there are people guiding the others about trading for free.

If people can learn and trade though it can be risky at times but it will be rewarding as well in the end. It requires a lot of patience and experience as it is an art which cannot be adopted by everyone as every person has their own risk taking ability.

You need to Do Your Own Research. This is the best way to learn trading. I'm not familiar on Technical Analysis but I'm pretty sure I'm making profits on my trades in cryptocurency. Actually, you really don't need to force yourself in learning TA, you can just trade and trade and just study the history of the market or just go for long term.

Its better to learn all trading basics before starting the journey as a crypto trader. You have aleady told that you have got some knowledge about trading and still doing it with little fund. Research deeply before putting your fund on a project. Its not a wise option to follow crypto signal group IMO where most of those signals provider just want to raise member on paid group. Apply your own tricks and build your trading skill.

Bitcoin price dropping have always an impact on whole crypto universe and you have to take right decision during this time. Don't be panic just keep calm during trading.

With enough experience, anyone can be a decent trader. It just varies on the amount of time they need to get there and if they have enough patience to get to that point. Some can easily get the knack of it while some will lose a lot more before they become efficient. Basically patience determines if you'll stay or not.

Do your own observation and decide things accordingly, many projects still leaning with bitcoin so before taking any assets make sure you have a good ideas regarding to this trading process, read and practice that's the good way learning trading, use small fractions of your capital for testing and knowing
the process and enhance your skills each time you pick your trade.

Learning trading will not hard if that person have a big passion for trading and he has a goal to be a good trader. He will have a good effort in every lesson he learned, and he can practice what he read and watch in the video. I am sure that in one day, that person will be a pro trader who can analyze the market in a short time because he has good skills and he can make the profit every day. But that will be a long journey to become a good trader or pro trader, and it's only could reach if he commits without complaint.

It’s very good side that you just started trading by yourself. But you know that you need to apply some strategy while trading cryptocurrency. There have some strategy for bulish market and some for bearish market. You need to learn this all strategy to be a good trader.

There's always a fine way for each and everyone, learning to trade have different overview coming from different people who already inside this market, more of those newbies just go inside the market and buy coins they think will bring them profits, forgetting to study and check the market, after losing
they will come to realized to start studying and because of their mistakes they will be able to observe well not to do the same mistake again..

You need to invest a lot of patience in yourself if you want to become a successful trader in the future. Gaining knowledge in crypto trading is useless if you have no patience because you will study some trading tools that may be boring to you or hard to understand when you read it for the first time. Technical and fundamental analysis are a vital part of trading Don't be afraid of losing because you will learn a lot on it, remember, experience is your best  teacher. Always put in mind to trade only the amount you can afford to lose and also learn how to control your emotion.

I think the method you are doing is indeed true and can provide safe trading even though the benefits you get are not many, but maybe you should be able to take risks to trade you must be able to have courage and have high patience because otherwise it will be difficult to can benefit.

in which crypto exchanges do you trade ?

Try to find new exchange platforms

there are numerous of them, their advertising can create a false impression

That makes sense, and what do you think about creative ads of exchange platforms?

If they made good, might create a good impression. But generally they're boring and banal

Good point. I mean it’s better to watch eye-catching ad than plain numbers jumping from one angle to another. By the way, recently saw one very extraordinary https://www.youtube.com/watch?v=s_3oQNXinko

In the bearish market, no strategy is going to work in your favor. The best way is to hold some good altcoins and wait until the market goes in bull trend then things would automatically improve.

You can learn how to do anything if you really want it. Trading may seem to be something very complicated only in the very beginning. The more you learn about it,  the easier it seems to you.

It make easier when we continuously make profit, but if we can't make profit from trading then it meant we have incomplete knowledge about trading. In started when i did trade then it seemed like very easy, but i have lost then i educate myself from YouTube videos and then i started once again and you rely on it than trading make me rich.

Not earning a profit or loosing does not mean that you are lacking of skill or knowledge in trading . keep in mind that professional or experienced traders do also loose big .  loosing is normal because trading on crypto is hard game that cannot be master because there are lots of hindrances that can affect the movements of the coins  . i said once that trading is simillar to gambling as we need a  luck to be able to trade properly  and succesfully earn a profit .

Holding won't work all the time even during bear season,  we only just hold those potential ones but those who aren't have that future, there is no need to hold them instead to trade it into leading coins. It is really hard to manage our portfolio at bear trend but we can't just give up because of this, we should be strong cause it will be gone sooner.

I don't really know what you mean by during bearish market, strategies don't work!  I hope you know that you can make money from both the bullish and bearish trend and if you have not develop your skills to that level then try and do so.  Remember that investing is a game and what put ahead of others is your skills and knowledge.

You have to be able to practice it well, learning to trade will be very good if in that lesson you experience losses and benefit because of that you can take valuable lessons.

don't follow any trading signals they will confuse you , if you want to learn, learn from books and learn from every mistakes you make
if you keep practicing markets will teach you everything try to learn from them 

See dude, as you are a newbie,  then first of all welcome you to the trading world.
I want to say you something,  that there is no really a strict  strategy that really works,  or you can follow in order to get profit every time.
IMO the strategy itself doesn't work for the second time.
So you need to really,  work in order to make your own strategy and you can only yourself make profit rather depending on other users and their lame strategies.
Best of luck mate.

of course binance because binance is a very good exchange so far so many people in the crypto world use this exchange

do not worry. You had the first few successful deals. But don't stop, continue to create your own investment strategy. Do not ask anyone's opinion, you can read the newspaper and make your own decisions. ;)

Keep trading with the small capital hence you will get experience day by day which I am sure will give you more knowledge to improve your trading skill. Lose and win in trading is so common and we should learn from our previous experience to get better result in the future.

Holding is the best strategy if you are holding solid coins with a bright future.  Its also the least stressful thing to do, just store your coins in cold storage and forget about checking prices constantly.

I think you are talking about bitcoin, because bitcoin is only coin which we need to hold for a long time and then we could make our future bright, In trading we hold coins and then we make profit, without holding trading is incomplete.

That has to be the mindset, we have to take it slow, step by step then go aggressive once we are confident we already have the skills to be profitable.
We always loss when we are still starting, so it's necessary the risk exposure is low because losing might disappoint us if we don't learn how to manage our trading funds effectively.

About loss is something that must concerned by people. Because some new traders that i see in my community already trauma even they loss on their first time. Actually i understand if they get that because their capital when start is a little and it is all they have.

Talking about holding does not mean bitcoin. You can try holding other coins that has a bright future like Ethereum. And you can have a strong hold on that coin and wait for it to go boom in order to take profit. It means that bitcoin isn't the only coin to hold for long term.

How about holding more than 2 altcons? So when the price of one coin is fall down then you have at least one coin to make as a backup so you can recover your losses from there. I think that is a well common trick of trader

Here market runs more on news than technical analysis. I have seen coins getting pumped whenever there is some rumour or news around. They defy TA then. Also, market is badly dependent on btc price movement. So, I would say keep an eye on news more than charts. Jump in a coin if it is any development update, partnership or listing. Easy 10-20% in a day.

I see two methods of learning in trading, the dear way and the right one. The first is learning from one's own mistakes, this is a dogma and a thorny path that will cost a lot of money and effort. The second is to find a teacher who will put you on your feet.

That is nice. This is how you start learning things by imitating people and absorbing the skills. Trading however is more profitable if you have an overall insight into the crypto market. It is not just one coin and so many and in order to trade multiple coins, you would need different strategies and plans so yeah, master this one and later on, take on the others.

Yes you can get news about many coins from newspaper, it will help us to take decision, to learn trading it is very important to gain knowledge more and more, trading has allot of profit for us, those who can learn trading using google, YouTube and other internet resources, use them and gain knowledge about trading to have profit in future,

That is one learning that must be done by someone who wants to start trading, at least after he has gained valuable experience in the beginning it will make him have other plans for further actions which certainly already have insight into the trade that has been obtained before. Learning to trade has many usual ways to attention to the movement of the chart first and or will try it with money that can lose, so you can have further plans for profit.

First of all I recommend starting with trading simulator so you could get used to volatility

You have to learn from your mistake, but you will not know if you commit a mistake if you don't have a trading plan.
It all comes with a trading plan first, it's like a theory that you will implement into actual and you will know if it's working or not.
From time to time you have to change your strategy as it could not work anymore, that's why you need to spend time in trading.

Only if you can't afford any money for learning,but doing it practically will be the real challenge than doing on simulators because in real we need to handle so much of pressure and fear of losing our money but in simulators we will not be in that situation.

I like the method based on background knowledge then practice, through mistakes and growth, although it will probably take a long time but the skill and experience of the trader will be better and more perfect in this process. Finding a teacher to teach us about trading is also a good method but we should understand that with their help, our skills and experience will be very slow to develop when they always guide us with good roads and less thorns

Each trader will have a certain path to success.
The first stage: is trading in a minus.
The second stage: is trading to zero.
The third stage: trading in a small plus.
The third stage: trade in a big plus.
Not all traders can reach every next stage. But having the above scheme before your eyes, it will be easier to achieve success. Each stage requires tremendous knowledge from the trader, improvement of skills and constant practice.
You need to constantly study the new information about trading, and then be sure to consolidate knowledge in practice. Gradually, you will form your own tactics and trading strategy. Good luck.

That is a good advice. Taking the risks and making mistakes are all part of the game, we should know how to handle the loss and take the lesson that we can get from the mistakes that we have done. Trading is an awesome thing to do and some of the traders are making a lot of money day to day basis by just sitting in front of their computer and doing trading.

In trading crypto currencies should be viewed from two sides, namely in terms of price and value. Meanwhile, the crypto price presented at this time seems to be purely influenced by factors of supply, demand and positive news related to said cryptocurrency.


That's right, because with simulators we will never feel the challenge both when we get profit and loss, which we can actually make as an experience. In my opinion, experience's also one of the supporting factors that can make us successful when running a trade. Although it may not be simple, but it plays an important role especially for market participants because it's a clue that can revive your knowledge.

I have been learning to trade for two years now and have been making a lot of mistakes. I can not force myself to put a stop los to reduce the risks. I think it is very important to be disciplined for successful trading. Always put a stop and do not dream of super profits. It is necessary to be content with small earnings (5-10%) and then everything will be fine.

just do what everyone is doing, simply keep trading with low amounts. The practice is the main target right now instead of just jumping into the real stuff. when you are really confident in your skills to make a real profit then you can start the real trading and believe in your skills. stay fearless and have patience, these are some basic things every good trader does and by the way, do not spend your whole life in trading spend some time in the fresh air too. investing your time in trading and balancing your life both are very important and should have good priorities.

And the best thing is, with time consumption in this field, everyone get to know the in depth points. They become stronger in concepts and relating them in their trade. Learning shouldn’t be stopped, and thus, those who equip themselves with any new idea even being in this field, their experience become strengthened with positive points. So, keep on digging yourself in this field, gold comes late.

At the beginning trading may feel a tiresome activity/ Job. Also a new trader will not be able to make good amount of money  or probably may face some loses. But once he will get experience and knowledge he will begin to learn trading along with earning. At that time one may spend a lot of time online trading and yet he will feel happy.

Things became negative when the bear market appeared, and Bitcoin fell sharply. Investors give wrong information to make FUD make things worse. I know this is hard to overcome, but if you still believe and hold Bitcoin, you will receive blessings when you trust it even the worst time.

This stop loss is a very complicated thing. If you read articles devoted to this topic, you will see that many crypto specialists, when talking about cryptos, call different sums (I mean stop loss here).

Practice, practice and practice. You should learn to use every tools and indicators knowing how to use them at the best, like stop loss orders; I recommend you to read books and practice with very low amount, once you manage to understand the price movementes, you could try to leverage with maximum x25 (x3-x10 is better) and book more more profits.
PS: you could visit tradingview for seeing other trading mindset and see eventually good traders vs bad traders :)

Keep trying and practice in trading will be the best you can do to improve your skills. I am sure that many traders will agree with that because without practice, we cannot get more experience and we can not gain a profit too. I think many of us still learning to trade and we get a lose too, but it won't stop us from keeping learning to trade and practice what we get from the lesson.

But those are lucky people who learn from those mistakes and for next time they make sure not to make any mistake, trading is not an easy task as it needs allot of time to learn how to trade. There are so many websites which gives information about trading; some YouTube channels can help you, learn as much as you can because in trading patience, holding and learning will open the gate of success.

You get the real play and for actual scenario if we just in reading, better to have it in real trading game.
We don't need to have a huge amount of capital to start, hitting for the minimum trade will be good enough. And buy the time that we have enough knowledge in trading, then we can gradually increase our funds. This is how I feel that it will work well in trading.

Even the smart traders or professional traders never stop learning.
They keep improving to keep up with the trading demand, of course the market is changing so we need to be updated as market
is one of the basis in making a good trading strategy.

It's not hard to succeed if we keep learning, and if we will put our passion in trading.

Everyday is a brand new day for learning. It is not just about trading, we can also learn a lot of stuffs that we can use in different aspects of our lives. We should never stop learning because new things are keep on coming to our lives and it is a very good thing to do since you will learn new things that you can add to your collection of knowledge.

do hold and don't sell cheap,
rest assured the market will recover in a few months, now BTC has shown signs,
so stay positive and don't give up on holding your assets.
this is the key.

You know what mate there's a quotation said that you cannot learn without experience rather than theory.
So, as I can see with your experienced I found out that you are eager and determined to learn a lot here on trading.
And what the good thing is that you've started with a small capital, and that's a very good tactic dude. Now, even the market
was not good, you can still get good profit through day trading if you know how to do it properly, and know how to read the graph
and candle stick. if you really want to improve, you can pm me, i can help you with free teaching lesson.

In my experience when i start to trade i lost much money but because i start trading from bounty reward not from my own money it is okay for me. I think it is normal when you start to trade and you get loss. Just be patient and dont be panic if your coin down. Or maybe you must correction maybe there is wrong in your strategy in trading.

Every day brings us new changes in the crypto world are necessary to have knowledge of it. Trading on the top exchanges take the whole responsibility of newly projects announced especially on Binance and investors feel free to invest there and buy tokens. Things get advanced with the passage of time, as crypto came into action and amazed us then the new inventions will also do the same up to great extent.

Bitcoin is bearish up to this point. But it is not a problem. Because bitcoin will always go up. What you need to do in improving your trading is just hodl your bitcoin until you make awesome profits.

Probably, study more the market history. You might know that hodling is the key in cryptocurrency.

i guess we all have to learn by ourselves when we want to learn about trading, using Books and Youtube is the first step of trading, secondly, we should start trading for ourselves to get more experiences with trading, only when we trade fail or loss, we will have the chance to learn from our mistakes and get new lessons everyday.  finally base on the demand of the market we can start buying or selling tokens when the price reach its limit, just stay away from young altcoins and dont be greedy when we see the result.

Learning trade is not so easy. Because trade is very risky. Not everyone can trade. Trading requires a lot of capital. There is a lot of intelligence needed to trade. Because there are many complex decisions to be taken during trading. So, I would say that before trading, trade should be well mastered. Otherwise, there will be a lot of losses in the future. So before that, you have to learn trading well.

Thank you

Lots of capital and to it's extent, not the money alone but time and effort to keep learning and adjusting from time to time, trading have a wide venue for everyone, those who's keen to learned and succeed will prosper if they will not be stuck in  only one idea, combining everything you learn from each time you place your entry will give more bigger plans to build a working strategies.

In addition to that, we have to seek advice also from our mentors and the expert. This is to guide us what is best and the most important to know the Do's and Don'ts in trading. Having that, we can plan ahead and play the game fairly. We can fully understand the market behavior from time to time and we can formulate our own strategies.

In a bear market, try shorting at Etoro.

In my opinion one of the most important point is to study the market, choose tokens and coins which you want to invest in and develop successful trading plan.
I have already read related topic on Monfex and they said :
"There are a lot of different moving parts to consider when setting up a trading plan. The factors that play a role in your trading plan are:

trading experience,
your available time,
your risk profile, and
what currency pairs you want to trade."
Do you guys agree with it?

Recently I saw an offer of training crypto courses. But I don’t know how effective it is for understanding the trading business. You tried? I just thought that there were not enough quality cryptocurrency trading courses. I still hope to understand how to work with exchanges, because all these charts put me in a stupor.

A great way to gain practical knowledge of cryptocurrency is to communicate with specialists. And you can get the opportunity to chat with crypto experts on the taklimakan platform and also take free trading training courses. The convenience is that you can get extensive knowledge, because many different experts offer their training courses.

Maybe you need a team to work with. These organizations will often trade better when you're stressed sitting alone. I used to trade badly until I found like-minded people. After that, both of you discuss and make trendy judgments. If you feel that it is a reasonable entry, then both will do it and it will increase your confidence before you enter the order. You should also try to find such a partner and I am sure your trading experience will improve.

There is lots of video in YouTube, for a beginner, it is very difficult to acquire knowledge through videos. Before watching video's they need to learn some basic steps and following them they need to practice by using a little amount of funds in the market.

From my experience, you should start trading with small balance (<100$ is enough) then invent your own strategy and practice with it. You should read more tutorial about the market signal or expert trader's instructions.

Yes if we want to learn trading we will have to learn it from so many ways as the more we will learn the more we will become expert, so trading is all about Knowledge we can get lots of profit from trading. We can explore Google and YouTube to gain knowledge about trading. Talking with expert traders also increase our knowledge about trading.

Now that Bitcoin is experiencing bearish trend is the good time to accumulate more Bitcoin at a cheaper price if you are a good trader and investor who knows how analyse the market. You should note that it is out of the fluctuation of the market that traders do make profit and the fluctuation is in both upward and downward moment of the market.

Keep learning until to be success with trading in bitcoin or altcoin, push your limit because you can do it and keep stronger with your opportunity when trading, never give up after you lost chance with trading because give many experience how to be success in the next time, when you lost for the first time with trading you still have new way to get much profit again with your investment.

I can advise you not to listen to anyone's advices, because often these people do not know the market, and earn on their advices. I think that those who can make a profit in the market will not constantly talk about it, so as not to increase the number of competitors. I advise you to rely only on your gut, your trading analysis and buy when a lot of people are selling, and sell when a lot of people want to buy.  

Trading with crypto is too difficult even though we are using various indicators because of the manipulation by the whales. However, we can still get rid of this if we enter the market that has a long bar straight which is difficult to exectute on timing without the alerts provided by applications or softwares. To further improve our trading skills, it's better if we'll collaborate with other good traders too and then discuss our ideas in a chat group. By this means, we can help each other.

In real-life trading, it is too hard to find the perfect item that you want to find because of there's a different price today of that item like in crypto trading; it is all about profit, and who will sacrifice for the fees and earning they can get, trading is exchange of a coin into another money like bitcoin to altcoin or vice versa, there is a lot of things that help you as a person to improve your everyday trading or your whole trading career it depends on your techniques and knowledge skills how do you handle those trades, but there are some basic techniques you can learn in your trade first you must be confident on your every trade and next is make a small amount of investment, you are lucky if there's a trial on the websites you want to use for your trading it gives you more idea how does trading works, lastly is always make a research and read the graph of the coin you want to trade because most of the time it gives profit if you trade for in a right way.

Many people want to include to the world of cryptocurrency because they know how much earnings and money it can give to them. However, still, most of them are investing a lot of money without having enough knowledge how does crypto works, it is not hard to find some data about the cryptocurrency because we have the internet today. However, that information is still not enough, so it is good to ask people who are skilled and have a lot of experience in digital currency. Now if we want to get profit we have two processes one is the trading next is gambling, in trading this time the currency or the coin you hold is you need to exchange into other profitable currency, and then by doing these, you can get profit. Next is gambling, mostly this is the easy way to get money if you have enough knowledge and skills on playing cards or dice; this is the easy way.

Trading crypto is not as easy as imagined. Not just buying at low prices and selling at high prices. Or buying when a red candle and sell when
the candle is green. We need to compare prices when buying and when going to sell it, therefore knowledge of trading is very necessary.We if
you want to succeed in crypto trading, don't ever stop learning, always learn the strategies and techniques around crypto trading. Indeed, it's
easier for us trading crypto when the market is bullish, compared to trading when the market is bearish like now. We have to be more careful
when the market is bearish, because the price is difficult to predict like to fall suddenly. So from that when trading do not use all the capital we
have, use capital gradually. So when we buy coins and the price goes down, we can buy more coins. So when the price goes up we can double
profit.

This is my first lesson when I was just getting started to trade in the market. I used to think that I knew all of the things about trading and I was so confident to trade using all of my capital but I learned it the hard way, the market punished me and gave me a -30% profit in just 48 hrs and I was so frustrated and now I am very conservative in using my capital to trade and I just stick to my criteria.

I think you have already know what the beginners must do and I think that is good. Perhaps, you need more experience and keep learning. Our current knowledge is not enough there's a lot of new things appeared or discovered that is why we need to be updated and learn new things. Regarding the current state of Bitcoin, I think there's nothing we can do about it but to wait until the market goes into our favour.

actually, experience is the best teacher to learn trading, what must be done is to observe the movement of coins in the market then try to trade with a small capital first, if you already know how it works then you can with large capital to be able to get great results too

All of us can learn from experience because we are used to see how the market works. We cannot become a profitable in a short period of time, it will take months and years in order to become a trader who fully understand the market. As a trader, we should always allocate mots of time in backtesting and also improving our knowledge and skills in order to become profitable trader.

The experience will help us to learn the new techniques about when to enter the market. A trader will always follow different techniques profits, but every time the market situation is not the same, so always try with small capital and it will help us to understand the market situations.

Finding a legit information is one of the hardest part for those traders who want to study and to get advance. There are fake information all over the internet and there are only legit gurus that giving legit information. I learn to trade when by watching in youtube and also by reading blogs in the internet about trading but experience is really the best key in order to learn how to trade.

When I first learned about trading, I always applied a number of things to the following

• Know yourself
• Do what we understand
• Choosing the right time when trading
• Study the market, understand the technical factors of prices and fundamentals
• Prioritize money management to minimize losses
• As a trader must be able to hold emotions

https://i.imgur.com/eVYLcGj.png
Image Source: Livecoinwatch.com

You have successfully I believe enlisted all the required factors that has to be considered by a trader to make some money and carry out productive trading. But I have more emphasis on two points i.e. knowing technical things about market and having good control over emotions. These are basically the areas where majority of traders struggle. They are unable to understand market trends properly.

for now it might be very difficult to trade because the market conditions are very bad and unprofitable, if you want to trade then you must be careful and use a good strategy with coins that have good moves to be able to get a profit

I think your assumption is not entirely correct, because in my opinion the current price of bitcoin has begun to recover and is not entirely bad as you say. so in my opinion the OP just needs to learn more to determine when the right time to buy and sell. because in my opinion every time the price of bitcoin is changing, and if someone has the ability to trade, I'm sure you can benefit anytime.

The old trading books from the experts are one of the good ways by reading and applying it to your daily trade, I still find the old book as more detailed and accurate but of course we should also consider those who are new experts as they are also giving some hints and information that can help us, bottom line is never stop learning.

Without learning the earning is quite difficult,Education is necessary to get in the trading.Knowing about the charts and indicators helping out in confident trading.
Proper research and awareness about the market also matters in trading,When market is overbought and when was oversold helpful to take decisions of buying and selling.

Beside all,overcome on emotions is also skill for professional traders to handle any situation.

That is true, your own experiences will teach you best how to trade. Also, I would say that we never stop learning how to trade because there is always something new and we always buildi our knowledge.
Getting information, making analysis, studying the market that is continuous process that in trading repeats all the time and always helps you to be better trader.

Actually it is enough to only have basic knowledge about trading and then you have to experience it directly, because by experiencing it directly you will know and understand the risks and how to trade properly.
and it will be a valuable experience because you experience it directly and while trading you can while learning and improving it.

You have to write down every trade you have make and analyze how you lose or win. Learning from your experience and combine it with trading lesson is the best way to improve your trading skill. If you still not confidence with your skill, then keep trading with small order and when your win rate become higher, you can start to trade bigger.

Exactly, let's manager our fund wisely and our time, make sure that we have listed everything that we are trading, and if possible write down the TA that you used on it, so you can check and analyze more once your TA has not been good, or the price moved on different direction, so make sure that know and better to familiarize trading  and different strategies.

You can write it down, or you can set up your spreadsheet. You can find good examples of how others did it and to start from there. Keeping the track of your trading gains and losses will help you to be successful, you will be able to see how well you follow your strategies and also you will be able to improve your trading skills if you see that something is not going right.

That's what you called journalizing, recording our past trades can help us to identify what should we focus in order for us to have an improvement. We will not become a better trader if we are just buying and selling without traidng plan and also trading journal. It is part of the process in order for us to become a better teader where we can lessen the losses that we keep experiencing. Every professional trader are newbies before, they became professional because they enhanced their skills and they study hard.

I agree with you because most of the updated information we get through the Telegram Group. Also to be successful in trading the token or currency you invest in must be thoroughly verified and control your emotions Do not be discouraged if everything else is downhill.

Yes that’s true yet it is not time to trade but we need to learn it no matter from where but the best thing is to learn from real site. Learning is the most sensitive part of trading as if you met wrong people and they give you wrong information then you can lose all your money so keep learning as trading is wide web so the more you learn so the more you will be safe, we can use Google and YouTube for learning about trading.

I think its good also practicing in DEMO account while studying specific financial vehicle. Do fundamental and technical analysis for 1 trading pair and learn its characteristic. Focus on 1 trading strategy first, I suggest price action with support and resistance then record and analyze every executed trades.

Numerous tips had already been provided by people around here, but I want to share a piece of advice to a fellow trader like you. First thing is to master the trading strategy you make, double-check it, and perfect any flaws you find in your strategy that you think will give you more revenue, it's better to do something you're comfortable than jump into another tactic only to fail horribly, every mistake's a lesson but every mistake is also money lost so we got to be careful around here.

You have to admit that you may never become a perfect trader. But nevertheless, you must always learn about crypto and all that is behind it (technology, finance etc). Your knowledge is your power.
If you are not good enough, mostly trade large-cap cryptos, and avoid messing with shitcoins too often.
Remember that crypto is highly volatile. All you have to do is choose a good moment to buy, and a good moment to sell.
Remember that trading is very competitive, there are many very pro traders (are you one of them already?). Don't be impatient, instead hodl for as long time as it may take. And also, don't be greedy, instead wait for a good moment to catch your profit and run away.

Also to add.
You need to have some real experience. For this, use a little amount which you can afford to lose. And trade until you have completely lost it. Of course it’s all only to become more experienced.
And only then will you become a really tough trader.

Anyone can learn to trade, there are basic stuff, how to register on exchange, how to set up buy/sell orders, it's easy to learn. With some little capital you can introduce yourself with all that and maybe to even make some profit. What is important, I always say ask yourself what you have, what you can offer, how much money you have, free time and your goals.
Anyone can be amateur trader, to buy whenever and simply to wait for price to rise and then to sell. Without cutting loses, some times your trades will last for weeks, months, but in the end bitcoin always bounce back.
If you wish to be a professional trader, then before everything think about investing in your knowledge, buy some material, attend some seminars, find some coach that will teach you and pay for few classes.

Trading is not easy stuff to learn especially for those new people in the market who want to learn trading. Information and knowledge is in everywhere but the right information and knowledge is hard to find. I became a trader in just 6 months but the 6 months are not yet enough and it is the reason why I keep studying in order for me to become a better trader.

but sometimes the trade information that we get from various experts or various sources certainly does not fully make us a professional trader if we do not directly practice the trade that we will do. no matter how much capital we will spend, the most important thing is to keep trying and learning to understand market price movements when wanting to make a sale or purchase. and even though a beginner is still an amateur in trading, of course he will be proficient by himself if he continues to practice and is able to have focus and patience in trading.

For one, understand you cannot win every trade but strive to won't 40%+ when starting. Understand stop losses. If you trade on exchanges with just limit and market move to swing trading. Ideally you want to limit each trade to under 5% of your day trade portion. Understand buy and sell ladders. Set price targets, take profits sooner rather than later. Don't trade low volume coins, stick to higher volume at least 200+ btc. Don't rely solely on one indicator or candlesticks alone. RSI and MACD are useful for entry exits. Never try to trade multiple coins at once.

A great way to improve your trading is by learning from more experienced traders than yourself. eToro (https://www.etoro.com) has a great feature called the copy trader feature that lets you mirror more experienced traders at just the click of a button.

If trading requires loss, why should we trade? it's better to just sleep. to become experienced, you don't have to lose your trade. maybe it's better to save money first and then learn to understand everything related to the trade itself, such as learning to understand indicators and the potential of coins to be traded to experienced people. then practice it yourself, but remember not to lose. if it's not possible don't force it to happen worse and go back to study again.

an example which I often do when trading, I use the RSI or CCI indicator every time I open a position and use a short 30Minute time frame, when the RSI has reached overbought or oversold.

like I did before when RSI has reached overbought, I trade short futures on binance. less than an hour I get 45% then I close it. because my important principle is not to lose, the profit problem is only a bonus.
https://i.imgur.com/cIzWzvS.png

trade when the bearish market is not making big profit targets. but making a target trade by scalping. I suggest trading on BTC / USDT. because it's safer than altcoin. if you feel that everything is negative. resting is a good thing. and start again tomorrow. because negative circumstances largely affect our emotions.

You need to choose right time to jump into the market, if the price drops, you should hold it. You should also have your own strategy and follow it.

Indeed. If you are into scalping and you feel that you are not that good with waiting, better to use USDT/BTC pairs and set your stop and loss position.
Small movements will impact your position and if you able to manage to anticipate the trend then your profits will be rewarded.
Not an easy task but possible if you work deeply in how this industry can help you to earn decent profits.

we will say very easy but doing it is very difficult. These nonsense sentences appear a lot to those who do not want to help newbie. What he needs is the source of his psychology for successful trading. he is also losing his orientation due to the great fluctuations. You should give him a plan and your direction when trading, so that he can learn from you and gain more experience. I just want to contribute my opinion.

Give yourself a favor and find a nice weekend worth of time, comfortable couch/chair, a proper drink and enjoy a book. Forget about the get rich quick schemes and automated strategies from the internet and focus on basics of trading by some classic authors. Do a research, search for phrases like "best trading books", check the authors, read a little about them and pick your first "mentor". Read the book, make notes, try to apply to your trades. Read another publication and repeat the process. After you have read 3-4 books, preferably 1 or 2 written by some other people to get different perspective, you should have an idea of what kind of trading you want to do at  this point. Practice this for a while, check your results and then dive into 2nd phase and read everything you can and try to see a bigger picture of the whole thing. After 2-3 years you will see some nice progress :D

I will support you in this regard and your anger is justified. New traders come here to find authentic information, rather than going through general sentences which most of them already know. They want proper guidance, proper plans and directions like names of exchanges they shall use and trading bots or trading forums or YouTube videos which can support their trading in real means.

When the price becomes very low or the market is bearish it will be better for you to look for other alternatives because trading when the market is bearish must at least use higher capital than usual because at the same time the increase will not be too high and the decline will at least become larger and very worrying about.

When market on bearish, you should add or buy more promising coin before market got bullish again. Trade for short time isn't recommended on that time, go for longer one would be better though. Anyway we are on bullish market right now, almost all coins are increasing

With every new skill learned, comes practice. Why not try investing in something small before investing in bigger ones?
When you practice on smaller currencies or even prototypes, you can learn and observe how trading works. doing your own market/trends research is also very important as the market can always be changing.

Once you are experienced with how things work, you have already mastered the skill of observing market patterns, you can start investing in bigger currencies. This way, you wouldn't have to worry about big losses!

You can also check out this link:https://www.digifinex.com/en-ww/listing/apply (https://www.digifinex.com/en-ww/listing/apply)
to find out how you can start small through a community.

Hope this helps.

cheers

We definitely don't need to rely people for our faith in trading, it's not automatic that we succeed right away but we will be there if we have the passion.
When I started trading, I made a lot of mistakes but that makes me learn and be more matured, my advise is just do the right money management as that will keep you survive in the game.

Right money management and also mastering the patterns and trading with the trend is the key to success in trading. If you have all of those things then you don't need to worry about your results because it will be more on a successful trade than a losing one. If you do not have all of those things then you should start from the basic first up to the advance level so you will have a concrete base of learning.

To successfully start learning trading, you can read the articles of traders whose investment portfolio makes a profit and copy their trades, if possible. In any case, these people know something about trading. Of course, it is very important to understand the principles by which they make their transactions. When this understanding comes, you can try to make transactions on your own, without resorting to anyone's advice.

Exactly, this is your life and every decisions you have make is your choice. You should not rely on the others, because if you chose that and the result was bad, you would have regretted that forever because you didn't choose your own decision.

Learning by doing and practice makes you perfect, just relying on the others just makes you lazy and doesn't make you grow up.

Learning with other pro traders investment portfolio is fine, we can use it as guide and to also have an idea on what to do with our trades but ita a must to have our own understanding and strategy. Experience is the best teacher and knowledge is the key to achieve it so never stop learning. Its common to make mistakes at first but it will teach you something that can help you to do better the next time you trade.

Price action and technical analogize will show you how the price is acting, and what makes the moving up/down? Traders!
So price action and technical analogizes will show you how the other tradings are trading.
But before reading about the other traders first you need to know about yourself.
So, first you need to start with psychology and money management. This is the golden part and most of the traders will just ignore it that's why they lose.

Yeah in trading you cannot rely on other people but you will have to make your own research and find new ways to gain profit from trading, we can learn trading by so many ways like playing Google, YouTube and other resources of internet. Now a day best way to learn trading is taking with expert traders and taking their advice but never fully trust on other people for trading

Although imitating but still careful planning must be had for a trader, when careful planning has been owned then of course every management will definitely get better and it should be for us to be more aware of how much initial capital that must be owned before trading with uncertain market situations, if we have adjusted good initial capital with the right trades, of course the resulting ROI will be better.

I think you just did what you need to do. The losses are really part of trading since price are unpredictable. Constant monitoring is needed for you to get the best bid price before it can go down. Never loose hope because prices now are getting better.

like what for example   ? the op is a noob at trading and he is asking for advices   . what he did isnt enough ,

just because the price of cryptos are unpredictable does that mean that  we should go with the flow   ? no because we can do something to predict them if we are good at analyzing  .

among the words that you throw , this the one that i will agree the most  .  loosing hope is for the weak   .

I think the answers needed by the topic makers have been answered if we look at today's chart conditions,
and true, monitoring is very much needed these weeks, because if we look at large time frames, charts are trying to break all resistance.

Finding a legit information is one of the hardest part for those traders who want to study and to get advance. There are fake information all over the internet and there are only legit gurus that giving legit information. I learn to trade when by watching in youtube and also by reading blogs in the internet about trading but experience is really the best key in order to learn how to trade.

In order to become a good trader, you need to experience different losses in your funds and because of this, you can determine where you went wrong. All traders here already experience losses and I totally agree with you that it is a part of trading. For me, learning from your mistake in trading will lead you to become a good trader and you will not become a good trader if you did not experience it. Monitoring the price of your investment is a good tactic because you can easily know when is the best time to enter and to exit. Once you enter this field make sure you are ready for different outcomes because it is not easy as we expect and keep on learning more knowledge about trading. And, Always be positive and never lose your hope in achieving your goal.

you are right to use a little capital when you start trade, especially if you want to survive in this market, you must be a very experienced person then use big capital, when trading, we should not trust completely Index, I think it's only 50%, especially considering the psychology of the people who called sharks, this market seems to depend too much on them, and the world news that helps you So much, and always control yourself, good luck

Yep, discipline is an important thing for our traders to become successful.  but these sayings are in hundreds of books and thousands of results online.  Not only do we speak, we should give examples to people to make them easier to understand.  In my opinion, the psychological stability and fun will make us better planning and actively keep our discipline.  Therefore, I think that keeping us healthy and living scientifically is one of the ways we can trade better.  do you think so?

Best is to make an demo account and implement what you learn and improve your result rather than trading in live website. Some of the time market is heavily manipulated so at that time it is preferred to stay back if you can't afford to loose your fund.

Many ways to learn trading especially to those new in trading theres a lot in YouTube how the proper way to trade. And here also theres a lot of post here step by step how to trade. Then after that make an own strategy how to trade wisely  and be smart to trade don't be greedy so that you can prevent your profit.

Trading with a demo account is also good but it is still important that the person much have experience in the live trade which will tell that how much the person is expert in trade and how much can he earn and lose so after the demo period if the person want to go live then still he have not to trust blindly on his abilities and have to start with small capital to check his abilities for some longer time.

Only keep trading with low amounts, just do what everyone is doing. Instead of just jumping into the real stuff, preparation is the main target right now. When you truly trust your ability to make a real profit then you can start real trading and trust your abilities. Stay brave and be cautious, these are some basic things every good trader does and by the way, don't spend your entire life in the fresh air as well. Trading time and juggling your life are both very important and should have clear goals.

I have also followed this method. Demo accounts are safer if you think that you need to polish your skills or get some authentic knowledge before getting into the real game. But as per my past experiences I have seen that it is much different when you actually trade and there are a lot many instances where practicality is required to decide what is profitable for you.

Using demo account for me is not advisable at all, it will just make you go all in in one trade or you will just regret not trading with real money if your money in demo trading account is winning. What I would like to suggest is that you guys should start trading using your own money, start with something small, at least in that way, you will feel the thrill and you will experience trading your own money. In trading experience is the best teacher, so just do it everyday and gain strategy and knowledge as time passes by, And don't forget to enjoy your trading experience.


Yeah, always follow the news and the trend. Bitcoin and other alts news is the best to depend whether the coin is going to pump or dump, that is base on my experience.

the ability will continue to grow when we do the same thing over and over again, although it will be boring if we succeed in having these abilities but we do have to keep doing it because it makes us able to continue learning. most important when we are just starting trading, then learning with low funds is good enough with the aim that our funds are safe.

A person learns throughout his life in every phase. I read somewhere, every person and incident we came across in our life is destined to teach us something. For a better learning in crypto market, start from the small investment in short term business and increase your investment with the period of time. Every investment will add into your knowledge. Beside that also learn from the traders you came across, and apply the techniques they adopt in your trade.

Ideally, start with fictitious money, apply the plans to execute, when success is achieved in this way, I think you are prepared to face real trade, whether with a high or low balance, you must be equally careful, the idea is that you do not lose more money than you have available, and ensure you leave with a positive balance, however small, the trade should look like a business.

In my particular experience I establish a loss margin of less than 10%, and I have 3 trades to recover in case the market turns against me.

Everything will always start in small. That's a paradox of human life.
We need to start for a small investment and be contented with our profits or earning. If you can't control your greed, don't deposit all of your money or it will be wasted.
The person that has determination and patience is the one the meets success. Trading is not a joke, it offers a lot in your entire body.

Good recent video about the bullish and bearish signs in the chart of Bitcoin https://youtu.be/H6-foof7_kw

I advise you to calculate your strategy based primarily on your own skills. It is not so important what size your deposit is, in any case, you must divide it into several parts in percentage terms.
Only then decide which asset and how many percent you are willing to trade. It will be much easier for you, because in fact your deposit itself will be divided into several parts.

Well starting at square 1, you need to understand how exchanges and order books work, and how the various order types interact with and affect the order book. This article does a good job of explaining that https://www.cryptoglobe.com/latest/2020/02/breaking-down-how-crypto-exchanges-and-order-books-work/

Trading can be great but it needs to be done through proper knowledge and approach. I always feel you need to enjoy learning to be able to benefit. I always loved it especially using demo account to help myself. I work with FreshForex (https://freshforex.com/), where they allow easy access to demo and that’s quite helpful for us, at least for me.

I did not come across the FreshForex platform, however the fact that it provides easy access to a demo account is positive for me.
Many beginners neglect the demo account trying to immediately start trading using real money.

This always leads to losses because when you are a beginner you always make mistakes, and when using real money your mistakes will cost you that money.
When practicing strategies on a demo account, patiently and diligently you will learn to trade much earlier and with significantly less losses.

You are talking about one of the most important aspects of trading, even if you have a strategy that over the long term will make you money if for some reason you do not know how to manage your money then you are going to become a loser trader despite your winning strategy, so it is important to always have this in mind and if you are thinking about investing all your money in a  single coin not named bitcoin then you need think about this and if you do not then you will eventually face the consequences.

I think the best platform for trading is Binance You can trade here and the number of scams is low. This is a lot of popular sites but before trading  you need to know about your trade and you can lose the money you invest. See different places and learn by watching videos.

Take your time to acquire different knowledge so you'll be ready in any situations, knowing that the market is really volatile and things can easily be change overtime. Learning all the basic then enhance it from time to time. You can adopt once you already have some experienced so best not to be afraid taking the risk. Challenge yourself to enhance your chances to success.

I started my activity in trading on the cryptocurrency market on the advice of many experts, specifically with scalping.  I carefully studied this strategy using YouTube channels, although I still use it successfully.  The fact is that for a beginner you need to know not only the main motto of the trader, what you need to buy cheaper, but sell more expensive, because having only this knowledge is inevitable loss.  The success of trading lies in the ability, first and foremost, to choose the right coin for trading, which I have in the short term certain price fluctuations, because these fluctuations can make profit not only once a day, but even several times a day.

to improve your crypto trading method.
The very first thing you have to do and learn is: technical analysis and strategy, to get maximum results in trading bitcoin & other digital currencies.

You can see from the source here: Crypto Trading 101: Buy Sell Trade Cryptocurrency for Profit (https://www.udemy.com/course/crypto-trading-101-how-trade-cryptocurrencies-for-profit/?gclid=CjwKCAiA4Y7yBRB8EiwADV1haeFIYyIs8I30NjlmLzRMppKvy5QX2h6Bg_GYBCLA6fcIRI13jR6zfxoC3iEQAvD_BwE&matchtype=b&utm_campaign=LongTail_la.EN_cc.ROW&utm_content=deal4584&utm_medium=udemyads&utm_source=adwords&utm_term=_._ag_80675486042_._ad_388109928449_._kw_%2Bbitcoin+%2Btrading+%2Bguide_._de_m_._dm__._pl__._ti_kwd-649458348378_._li_9072682_._pd__._)

It's so nice that there are some strategies and techniques are you made it already, but in trading we are placing our money in the trading platform with no assurance to get profit on it, because all the digital currencies are volatile. The price rate may go up or down from time to time. But if you always lose in trading try to HOLD your digital currency instead of selling it, just wait for the perfect moment were the price rate will agreed with you. 

Trading signals are dangerous for your deposit. It is always best, especially in trade, to use your head and not rely on other people's advice. And especially this applies to telegram channels with trading signals, on which, as you think, you can earn.

Try reading more books and make sure your emotions doesn't gets in your trade. You must know where you stand either a short term or long term trader. Also make sure you surround yourself in some trading groups to learn from other people techniques and how to evaluate it to know which you think will work best for you. As a trader it's a must one experience lost but always make sure your losing streak is low. I have had my horrible times in trading and still having some bad times but I still have my head moving.

Hey, the fact that btc looks bearish doesn’t mean that trading became worthless. You just need more experience and knowledge to understand how to trade profitably. To learn market conditions you can use channels like https://t.me/CexIoInfoBot. The more you know, the better you trade.  ;)

Learning can help you to do your job in right way like in trading because once you do right in trading there is a chance you'll get a huge profit particularly when market is upredictable. Used what you learn from your previous trading before if your doing right then it will avoid you from mistake trading. Learn all the things you must know in trading to get more knowledge to help you a better trading.