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Economy => Trading Discussion => Topic started by: SOCAR on October 22, 2021, 06:47:08 PM



Title: Are trading platforms useful?
Post by: SOCAR on October 22, 2021, 06:47:08 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?


Title: Re: Are trading platforms useful?
Post by: JeromeTash on October 22, 2021, 09:37:52 PM
You mean newscrypto?

I am a little familiar with the platform. I came across it sometime back where they had a trading competition among trader and top traders would win prizes. To be honest, you can't trade all your life without making any losses. Even professional and experienced traders make losses once in a while.

I don't like anything to do with automation until I first learn about all the basics of trading plus experiencing it. Without knowledge about trading, you won't be able to come up with good trading strategies and automate them.


Title: Re: Are trading platforms useful?
Post by: passwordnow on October 22, 2021, 10:23:13 PM
I haven't. Introducing someone to the crypto market is quite hard if you're going to introduce him with those tools as the start. I think it's always best to go the manual method of telling him how to trade manually before using those tools that have been given to you by that platform. There's tradingview which is a good start to help him with charting. Because if there will be a lot of tools as you've mentioned will be shown to him, I think it will just make things complicate as he's still a beginner.


Title: Re: Are trading platforms useful?
Post by: TimeTeller on October 22, 2021, 10:46:20 PM
You mean newscrypto?

I am a little familiar with the platform. I came across it sometime back where they had a trading competition among trader and top traders would win prizes. To be honest, you can't trade all your life without making any losses. Even professional and experienced traders make losses once in a while.

I don't like anything to do with automation until I first learn about all the basics of trading plus experiencing it. Without knowledge about trading, you won't be able to come up with good trading strategies and automate them.

I do agree, it is better to learn the basics first before exploring the automation part of trading.
Learning on your own will give you good grasp of how crypto trading is.
And it will help you in this trading journey. If you are planning to be here long time.
It is in your best interest to learn the ropes, while you still can.


Title: Re: Are trading platforms useful?
Post by: BitMaxz on October 22, 2021, 11:30:43 PM
I don't ever hear about newscrypto before and I don't think it would be useful and help you with trading. What I think is it is another tool to give some charts with their own analysis like signals. Since they have control of this tool they can give you some false analysis and signals that could lead to a loss in trading.

If you want your friend to learn about trading you shouldn't recommend that tool my advice, tell your friend to use some trading simulators to test some trading skills and strategies before you go to the real trading.

But before you go to use trading simulator better start reading this link below
- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

And then read the TA and FA guides there once you learn or your friend then apply your ideas and strategies to demo or trading simulators you can find the list of them on that link and other trading tools for free.
It's the best thing than just copying other strategies and analysis which you don't know if it is a good analysis or they use you just to get benefits on their own.


Title: Re: Are trading platforms useful?
Post by: goinmerry on October 22, 2021, 11:39:12 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?

Any platform will do as long as there's no money involved like a subscription because you are still in the learning phase.

Long story short, are they useful? Yes. they are but still, it depends on how you understand what you are doing. Those tools will help you but the final touch will be yours. Good luck using that platform and honestly that's the first time I heard it here.


Title: Re: Are trading platforms useful?
Post by: Yamifoud on October 22, 2021, 11:40:17 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?
If you haven't known yet about crypto and have no knowledge about trading, better not to give him/them advice as it will only lead to blaming aside and misunderstanding. It was good to encourage him to look at his own as you can never give a piece of good advice as well. Think that you both are still learning and that was really difficult to ask a person who also doesn't know or no-how about what they are doing.

Newscripto or Newscrypto...I even don't know about it. I suggest reading more and understanding what you've read. But it was good to mentor someone that can be trusted for some guidance.


Title: Re: Are trading platforms useful?
Post by: Cling18 on October 23, 2021, 01:01:38 AM
I haven't. Introducing someone to the crypto market is quite hard if you're going to introduce him with those tools as the start. I think it's always best to go the manual method of telling him how to trade manually before using those tools that have been given to you by that platform. There's tradingview which is a good start to help him with charting. Because if there will be a lot of tools as you've mentioned will be shown to him, I think it will just make things complicate as he's still a beginner.

I certainly agree with you. Suggesting a platform that offers trading tutorials wouldn't be enough. Since you open and shared things about trading with your friend, it would be more helpful to explain the risks as well as the basics and the things that he has to learn because, to be honest, trading is a long process of learning and there are also lots of things to be considered first.


Title: Re: Are trading platforms useful?
Post by: Wexnident on October 23, 2021, 02:25:40 AM
I'm pretty sure most trading platforms provide the same thing, some even have a lot more features plus blog posts that introduce each feature with beginner-friendly advice and explanations. Plus, there's a lot more to learning about trading rather than just a trading platform, a site for your news sources, finding trends, etc, is still needed.

Haven't heard of what site OP was saying, and I don't think I'd ever actually try it tbh. Though rather than trading platforms as an intro to trading, tell your friend to try out virtual trading instead and start playing around with the stuff he knows, or even if he doesn't, at least he can familiarize himself with what actually happens when trading.


Title: Re: Are trading platforms useful?
Post by: Ararbermas on October 23, 2021, 03:53:44 AM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?
I'm not familiar with that platform but it's a good choice for newbies, atleast you can really experience and obtain knowledge how trading really works, and base on my research they offer FREE COURSE which is good than creating a demo account and making research on your own.. So i can say that platform is definitely a useful way to practice your skills and to have a better experience when it comes learning trading..


Title: Re: Are trading platforms useful?
Post by: Victorycoin on October 23, 2021, 05:14:01 AM
Trading platform is a good choice for beginners the main difference is that there is a need for a more thorough examination of the market operating equipment and the development of the majority asset market and currency processes happening. It is very important not only to catch the changes in the market, but also to take advantage of them in time the process of entering the market helps to learn a trading strategy accompanied by deposits due to the difference between the purchase price and the sale of an asset that can create additional benefits in development.


Title: Re: Are trading platforms useful?
Post by: bamb on October 23, 2021, 05:43:10 AM
I haven't used newscrypto myself but your description of the services it offers gives me an insight of what the platform might look like.  There is nothing wrong in using automation for trading experience. I think newbies will find it useful if they were guided every step in learning what Cryptocurrency and technical analysis of trading is all about. I will recommend the platform for some of my new friends in Cryptocurrency!


Title: Re: Are trading platforms useful?
Post by: gabbie2010 on October 23, 2021, 06:06:10 AM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?
I started with MT4 platform as a newbie then both android and PC version, it had been very helpful, it enabled me to get accustomed on how to add indicators and setting up  a chart, it is easier to start with a more friendly platform than a complex one just like the one you mentioned ( Newscripto) though I had never use it before, tradingview is another newbie friendly platform with lots of custom indicators that can assist a trader to earn profits consistently depending on how it is being used and has a friendly user interface.


Title: Re: Are trading platforms useful?
Post by: dothebeats on October 23, 2021, 10:14:37 AM
It can only help you so much, as its tips are not exhaustive and there are scenarios wherein it is not covered on its tutorials. Nevertheless, it is a great tool as it helps you get off your feet and start reading some charts to aid you in your future trading endeavors. I've heard of newscrypto but don't want to try it as I already knew most of what they offer in there, but it is recommended for newbies to get as much as information as they can so that they will have an easier time dealing with things involving crypto.


Title: Re: Are trading platforms useful?
Post by: cheezcarls on October 23, 2021, 12:47:21 PM
First and foremost, Newscrypto isn’t a trading platform.

It’s a platform with an all-in-one trading tools for technical analysis, price predictions, correlation, etc. I personally love Newscrypto because it’s a time saver for me to easily determine the current support and resistance lines by it’s Moonlines tool due to it’s AI integration. Plus they have a school, academy and unchained education section as well for you to learn more about trading. Newscrypto has both basic (free) and pro (paid) memberships. The advantages of pro membership (monthly subscription) is that you can get access to more premium and advanced trading tools and features.

On top of that, they have a weekly contest for the community regarding price predictions and the Doodle Pump game via mobile app where the top 5 will be getting rewards in NWC tokens.


Title: Re: Are trading platforms useful?
Post by: Coin_trader on October 23, 2021, 01:03:25 PM
You mean newscrypto?

I am a little familiar with the platform. I came across it sometime back where they had a trading competition among trader and top traders would win prizes. To be honest, you can't trade all your life without making any losses. Even professional and experienced traders make losses once in a while.

I don't like anything to do with automation until I first learn about all the basics of trading plus experiencing it. Without knowledge about trading, you won't be able to come up with good trading strategies and automate them.

I do agree, it is better to learn the basics first before exploring the automation part of trading.
Learning on your own will give you good grasp of how crypto trading is.
And it will help you in this trading journey. If you are planning to be here long time.
It is in your best interest to learn the ropes, while you still can.

Actually if you visit Newscrypto.com, It's a website like tradingview but has an additional feature of educational section dedicated for newbie traders. The automated part that mention by OP is not for trading but rather an automatic charting tools to help newbie how to use indicators. The OP just didn't explain it well as he maybe didn't try it or he didn't have experience on trading.


Title: Re: Are trading platforms useful?
Post by: AicecreaME on October 23, 2021, 01:49:08 PM
Sorry to tell you this but lossing money in trading is unavoidable, it is a package, you will lose money and earn money at the same time, not every time you trade is Christmas. Also, the automatic charting you've said that could help a beginner is not gonna help at all, I meant it is better if they will do it themselves by watching tutorials on youtube. Also, beginners will lose their money at first depends on how much they could absorb in the first try.

It's all about how fast you could cope up on trading to become profitable. You need to find your own indicators that suits your style in trading.


Title: Re: Are trading platforms useful?
Post by: Hippocrypto on October 23, 2021, 03:26:31 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?
Im pretty sure it can possibly help newbies because all platform is useful as long as it is good to use. Most trading platforms provide the same thing, but, there's one thing you must also know, losing money in trading is unavoidable, it is a package where you will lose and earn at the same time. There maybe a lot of tutorials on YouTube but I guess you will understand everything once an expert will the one gives you an advice about it. Im not an expert but I guess, it's all about how fast you understand and cope up on trading to become profitable. You need to find a strategy that will be suits your style in trading.


Title: Re: Are trading platforms useful?
Post by: palle11 on October 23, 2021, 08:34:59 PM

It's all about how fast you could cope up on trading to become profitable. You need to find your own indicators that suits your style in trading.

It comes to passion you have for the business of trading. Yes if no passion then success rate will be limited and poor but a passionate trader tries to understand his pattern, strategy and market movement. No strategy is perfect for avoiding of losses but a winning of 80% success rate is good to follow. Many traders have no passion for it but they like the profit part. It is a business for passionate people and not for people who rely on trading platforms because no platform can give a 100% winning rate.


Title: Re: Are trading platforms useful?
Post by: sheenshane on October 23, 2021, 11:37:06 PM

It's all about how fast you could cope up on trading to become profitable. You need to find your own indicators that suits your style in trading.

It comes to passion you have for the business of trading. Yes if no passion then success rate will be limited and poor but a passionate trader tries to understand his pattern, strategy and market movement. No strategy is perfect for avoiding of losses but a winning of 80% success rate is good to follow. Many traders have no passion for it but they like the profit part. It is a business for passionate people and not for people who rely on trading platforms because no platform can give a 100% winning rate.
I tend to agree but that there's no trading platform that could give a 100% winning rate, it's our skills and strategies that are used.
The advantage of picking a good trading platform is that you made your trading activity very smooth if it's high volume exchange.

Each trading platform has different features that you may like, just like Etoro exchange where newbies can do copy trading which is good for newbie who starts learning and exploring trading.  It has a mixed feature of stocks, forex, commodities, or cryptocurrencies.  It's very crucial to choose a trading platform that suits you when it comes to the financial market, it should always meet your needs.


Title: Re: Are trading platforms useful?
Post by: chaser15 on October 24, 2021, 12:09:09 AM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?

Trading platforms are useful. It's a good tool. But to think that it will give you more profit using it, that's a false one because even with lots of tools you have there and chart-reading indicators bot or program, your output will depend on how good you are managing your trades.

About the platform you are mentioning, I'm not familiar with it. If it's a paid one, I can't suggest taking it because your friend can do it by himself just by searching for helpful tools on the internet. After registration, they provided you right away a set of tools right? If it's free then use it.


Title: Re: Are trading platforms useful?
Post by: harizen on October 24, 2021, 02:35:53 AM
Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?

Checking and browsing the platform, I will assume they are good and will help newbies in terms of basic trading and fundamentals.

For a start, users can just use the basic tier, free and no-cost. While advancing the knowledge, users can opt-in to purchase the Professional tier (starting at $14 in NWC tokens/month) but sound not necessary for me unless users really want to fully take advantage of the platform's service.


Title: Re: Are trading platforms useful?
Post by: adaseb on October 24, 2021, 02:39:03 AM
The bottom line is this.

What they provide doesn’t mean you will be able to make money off it. It basically will send you alert that something might go up or down however it’s all a technical analysis which is far from perfect. Maybe it’s good because it’s going to keep you organized but the overall objective is you need to take trades based on your own experiences.

Right now people are very bullish so most bullish trades will work, however there will always be some case where in a bull market you should short, if you follow each of those alerts obviously you will run into many loses, hence you need another filter for these trades such as go with the trend.


Title: Re: Are trading platforms useful?
Post by: SquallLeonhart on October 24, 2021, 05:09:53 AM
Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders.
I have been into MT4 and MT5 platforms for forex trading and have not experienced rich features for trading environment in any exchange than MT4 and MT5. In my opinion, most  online platforms and crypto exchanges are trying to copy MT4 and MT5 and no other new innovations (this is just my personal opinion based on what I have observed and I am glad to be proved wrong).

What they provide doesn’t mean you will be able to make money off it.
Yeah, unfortunately newbie traders assume that if they have 100s of strategies and tools then they could easily make profits from crypto trading but in reality we must need at least 2 to 4 weeks of time for learning and testing any new thing before executing on real time. So, basic charting and few other tools and indicators are more than enough as all other things may not be needed due to limited time we have unless otherwise someone else recommend something new.


Title: Re: Are trading platforms useful?
Post by: TheEconomists on October 24, 2021, 01:04:03 PM
Personally I have not used such services as at the time I started trading crypto currency just because I have had good knowledge of forex trading and that have really helped me. If the is beneficial for you and your friend and maybe those who are new in trading crypto currency that will be fine but for me, I didn't start trading that way.


Title: Re: Are trading platforms useful?
Post by: Mpamaegbu on October 24, 2021, 02:11:04 PM
After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge.
All trading platforms have a set of tools they provide to aid traders. However, I won't advise you to use them the same way the platform provides them by default. If you must use the tools, change the settings. Nobody will intentionally hand a knife to you to kill them. No platform will hand tools to you that will make it easier for you to profit from them. There's always a snare somewhere.

Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders.
Whatever you do, steer clear of automations until you understand the rudiments of trading and how to manually use trading tools.

Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?
Nope, I didn't know about them until now. I ain't saying the site is ok or not but before you introduce your friend to it, make sure you've observed them for a while. Otherwise, if it turns out bad eventually your friend might not trust your judgment again.


Title: Re: Are trading platforms useful?
Post by: Alert31 on October 24, 2021, 02:16:59 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?

I don't have knowledge about newscrypto but all I can say, learn first all the basic in trading and don't rely on automation. Maybe that tool can help you but you will still be one to manage and drive your trading. Better to learn and have experience by your own, both technical and fundamental analysis. Honestly, even those really experienced in trading make losses, so don't be afraid to have losses also once you enter in trading. Risk is always present if it terms of trading and investment.

If you have knowledge about trading you can now advise your friend how to start trading and learn good trading strategies in order to earn.


Title: Re: Are trading platforms useful?
Post by: Marlo798676 on October 24, 2021, 05:16:28 PM
Yes, some can be said that there are good platforms but some are useless. Platforms like Newscrypto are unmatched and there are many more platforms that can help newcomers to start trading. But I think that if you can do a little bit efforts, then definitely go to Tradingview and see it. Look at all the signals there for a few days and cross check them with the market to see how profitable they are, their must buy and sell.Only after that any platform can be trusted otherwise there is no need to waste your time on useless platform.


Title: Re: Are trading platforms useful?
Post by: darewaller on October 24, 2021, 10:55:44 PM
Useful and must are different words. They are useful if you know what you are doing, but they are just useful, they are not really forced. Like if you have no idea how they are used and you do not want to use it, then stay away from it as much as you would like to.

This is why I believe that there is a good chance we could see people who are making profit without using anything like that. Surely it is not going to be something that is viable for too long if you dislike it even if you can use it, so it is not only about being able to use it neither. I personally do not use most of them, and I still enjoy trading and investing however I wish without needing them. Not like I am making a huge profit neither, but I am doing alright for myself.


Title: Re: Are trading platforms useful?
Post by: Lotus on October 25, 2021, 07:52:46 AM
I have been into MT4 and MT5 platforms for forex trading and have not experienced rich features for trading environment in any exchange than MT4 and MT5. In my opinion, most  online platforms and crypto exchanges are trying to copy MT4 and MT5 and no other new innovations (this is just my personal opinion based on what I have observed and I am glad to be proved wrong).

You're probably right about the "online" ones, so hard to prove your wrong there. However, if you widen your scope a bit, we are actively working to build a different kind of platform that's more client-centric (referring to the device not the user). We're still in early stages and are not attempting to build something as elaborate as MT, but we are looking at the problem differently. We are focusing on the strategy-authoring experience. It seems that the majority of options revolve around scripting something in MQL or some scripting language, very basic controls, or going for a mostly automated system and hope for the best. Instead, we're trying to create a sort of "debugger" for trading strategies.

If you, or anybody else, would like to follow our progress, try out what we are building, and/or contribute ideas, just let me know.


Title: Re: Are trading platforms useful?
Post by: Jawadu on October 25, 2021, 09:43:05 AM
It's not a bad idea to learn some features from the Newscrypto platform and similar platforms like trading view and so on, but it is good to interact with crypto experts and seniors in different fields (trading, staking, lending, etc) so that you can learn from them manually! Newscrypto and similar platforms have automation tools, but if you'll learn from PEOPLE then they'll elaborate everything in step by step.

Crypto forums, Udemy crypto courses (free and paid), YouTube crypto channels, are the best! You can then use Newscrypto, Tradingview, etc to practice what you have learned.


Title: Re: Are trading platforms useful?
Post by: Rigon on October 25, 2021, 02:54:18 PM
Trading platforms are very important in cryptocurrency. We would not be able to sell a single coin in the market without a trading platform. Today we sell all the coins in the market for this trading platform I'm doing.We would never have been able to sell these coins without a trading platform.So if you want to work in cryptocurrency, you must use the trading platform Emergency.


Title: Re: Are trading platforms useful?
Post by: barbara44 on October 25, 2021, 08:09:45 PM
I have seen and heard a lot about trading, I have seen platforms that claims to help traders to make profits on a steady basis, and I have also seen trading bots that are claimed to be profitable, but I’ve not really used any of these because I have always had to rely on myself when I’m trading.

But, one thing I do know for sure is that there is nothing like having 100% success on trading all the time, there are always going to be times when you have a little bit of challenges depending on the situation of the market and you might lose some money because of it. But that shouldn’t discourage you from trading, as long as you continue with the right strategy you are always going to make profits and recover the losses you made.


Title: Re: Are trading platforms useful?
Post by: Ziskinberg on October 25, 2021, 08:21:07 PM
I have seen and heard a lot about trading, I have seen platforms that claims to help traders to make profits on a steady basis, and I have also seen trading bots that are claimed to be profitable, but I’ve not really used any of these because I have always had to rely on myself when I’m trading.

But, one thing I do know for sure is that there is nothing like having 100% success on trading all the time, there are always going to be times when you have a little bit of challenges depending on the situation of the market and you might lose some money because of it. But that shouldn’t discourage you from trading, as long as you continue with the right strategy you are always going to make profits and recover the losses you made.
Absolutely, and we can just think that these promoters will glad to help you to make a profit because it was not their intention either. Some say this is a good platform and this makes you rich, ohh yeah, that is really attractive but in the end, they just milked you and lost your money with them.
We can hear a lot of success stories in trading, this might it happens to us or maybe not, that is the two possibilities. But if you were trading without knowledge and not in a reputed platform, that is something you don't have to expect as this is likely not going to happen.


Title: Re: Are trading platforms useful?
Post by: crzy on October 25, 2021, 09:16:00 PM
There’s a lot of good trading platform that allows you to use their services for free and train there to become more good in trading. Just don’t look for any trading signal because its too risky for a newbie so I don’t suggest this to your friend. Even if you are using a good platform for trading if you don’t have enough knowledge about it, that’s useless so better to start learning about trading first before looking for a good platform.


Title: Re: Are trading platforms useful?
Post by: martina14 on October 26, 2021, 02:52:12 AM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?

What do you mean useful trading platform? you mean, can able to earn most often?
The reason, why I ask this question, its because once you enter here in crypto trading, expect that
not all the time you can win the trade or you can earn, never forget that you can also face loss of your
assets, due to not all the time the price value always go up in the market there are always happen that
the price went down. Always bear that in your mind.


Title: Re: Are trading platforms useful?
Post by: GreatArkansas on October 26, 2021, 03:28:15 AM
Some trading platform these days offers some sources or knowledge that you can use for free.
For example, is Binance, they this free platform called Binance Academy (https://academy.binance.com/en)
Which you can learn all about cryptocurrency and blockchain, and for sure it will help you too besides trading only. This is one of the best tools too that Binance created, it will help people especially those people who are starting in cryptocurrency. All you gonna need is to read and understand.


Title: Re: Are trading platforms useful?
Post by: michellee on October 26, 2021, 03:42:27 AM
I do not yet use the Newscrypto app but I already visited their site to know about them. But unfortunately, before we can get more information about the project, we need to register to search for more information. I do not use that tool from any website, but if that tool can really help me gain a benefit or profit from trading, maybe I will consider using it.

If you already benefit from the tool, you can still use the tool and try to increase your profit using that tool. But remember, you still must learn more about trading.


Title: Re: Are trading platforms useful?
Post by: sirminesalot on October 26, 2021, 03:44:18 AM
I think it's quite helpful for newbies but it could trapped the newbies for not learning any of technical analysis at the end because they just following what the trading helper do and not knowing what is behind the analysis.
So it's good but not good for always relying our decision to the bot or helper.
We should learn the market habit by ourself because crypto market is dynamic, no bots or helper could adapt the market habit quickly. We should read the market condition by ourself to save our investment.


Title: Re: Are trading platforms useful?
Post by: Iceblast on October 26, 2021, 06:07:06 AM
I haven't. Introducing someone to the crypto market is quite hard if you're going to introduce him with those tools as the start. I think it's always best to go the manual method of telling him how to trade manually before using those tools that have been given to you by that platform. There's tradingview which is a good start to help him with charting. Because if there will be a lot of tools as you've mentioned will be shown to him, I think it will just make things complicate as he's still a beginner.
well for a beginner it is more appropriate to use manual trading. I see now that the basics of trading must be carried out first and until understanding is then introduced tools that support trading.
this will be better in my opinion


Title: Re: Are trading platforms useful?
Post by: lenovop-70 on October 26, 2021, 03:54:42 PM
I think it's quite helpful for newbies but it could trapped the newbies for not learning any of technical analysis at the end because they just following what the trading helper do and not knowing what is behind the analysis.
So it's good but not good for always relying our decision to the bot or helper.
We should learn the market habit by ourself because crypto market is dynamic, no bots or helper could adapt the market habit quickly. We should read the market condition by ourself to save our investment.

You are right, the market is so dynamic and as my experiance, no bots will adjust as quickly as our own logical decisions. So it's okay to use bots occasionally, but our logic and analysis remains a reference for quick and accurate decisions.


Title: Re: Are trading platforms useful?
Post by: Swopon on October 26, 2021, 06:19:27 PM
Trading is a good choice if your friend can handle it. Because he or she has to set his or her mind that he or she is going to lose his or her money and if somehow it can hit to profit then it will be your friend's ultimate success. Otherwise, it is known to be lost the funds he or she deposited. The automated system will be good only if you know about the depth of it otherwise, I will not suggest it from the beginning.


Title: Re: Are trading platforms useful?
Post by: isaac_clarke22 on October 26, 2021, 06:21:59 PM
~
I have not used that trading platform yet, but it surely gave you a head start through the set of tools provided. As long as it does not ask for your bank card or any deposits for a fee, then you would be just fine, I guess. Both you and your friend seems to still learn about trading and you should not pay yet just like how some trading tutorials wants you to buy their courses. :)


Title: Re: Are trading platforms useful?
Post by: 24Kt on October 26, 2021, 08:49:38 PM
I haven't. Introducing someone to the crypto market is quite hard if you're going to introduce him with those tools as the start. I think it's always best to go the manual method of telling him how to trade manually before using those tools that have been given to you by that platform. There's tradingview which is a good start to help him with charting. Because if there will be a lot of tools as you've mentioned will be shown to him, I think it will just make things complicate as he's still a beginner.
well for a beginner it is more appropriate to use manual trading. I see now that the basics of trading must be carried out first and until understanding is then introduced tools that support trading.
this will be better in my opinion

My thoughts are the same. If you are a beginner here, it is best that you need to know the ins and outs of crypto via manual trading. Because if you will use the automated tools, which I have never tried yet, you may miss some important tricks that may help you in continuing your trading journey. Also, I don't know if those tools can detect potential pump and dump or rug pull of the dev team. Because you can only get insights about this if you are closely following the progress of the coin that you are holding. So in my opinion, it is always best to learn trading using manual analysis. It is like learning manual driving vs automatic driving. Once you knew how to drive in manual mode, you can easily shift to automatic driving but if you will start automatic driving, it would be hard for you to learn manual driving.


Title: Re: Are trading platforms useful?
Post by: lalabotax on October 26, 2021, 10:35:18 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss.
Wait, trading without any losses? Always without losses? Is this a course? Or demo trading? or a real platform for trading?
is this a real platform or a demo live platform for trading? I commonly use demo trading to learn. Or I will try by myself by learning more from other people sharings. But learning by doing is also good enough by using small capitals. However, I am not sure if there is such a kind of platform that can guarantee no losses.
And I will not introduce my friends or family to trading platforms that are not trusted or do not have a good reputation. Because if that's a scam, they will then blame us for the losses of money,




Title: Re: Are trading platforms useful?
Post by: justdimin on October 27, 2021, 03:52:14 AM
trading without any losses? Always without losses? Is this a course? Or demo trading? or a real platform for trading?
is this a real platform or a demo live platform for trading? I commonly use demo trading to learn. Or I will try by myself by learning more from other people sharings. But learning by doing is also good enough by using small capitals. However, I am not sure if there is such a kind of platform that can guarantee no losses.
And I will not introduce my friends or family to trading platforms that are not trusted or do not have a good reputation. Because if that's a scam, they will then blame us for the losses of money,
Yeah, no strategy or platform could assure us for zero losses. Losses are most common on any market and that is the reason we are having stoploss orders. Zero losses might be possible only on demo accounts or if try to trade in paper, lol ;D.

Basically, OP is sounding like trying to shill a service where they might have been affiliated with. Moreover, these days almost all crypto exchanges are providing rich charting tools and all technical indicators for a trader to develop their own strategy; either OP is complete new to such things and first time getting to know all these features or trying to promote that platform.


Title: Re: Are trading platforms useful?
Post by: worle1bm on October 27, 2021, 06:26:20 AM
I don't ever hear about newscrypto before and I don't think it would be useful and help you with trading. What I think is it is another tool to give some charts with their own analysis like signals. Since they have control of this tool they can give you some false analysis and signals that could lead to a loss in trading.

If you want your friend to learn about trading you shouldn't recommend that tool my advice, tell your friend to use some trading simulators to test some trading skills and strategies before you go to the real trading.

But before you go to use trading simulator better start reading this link below
- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

And then read the TA and FA guides there once you learn or your friend then apply your ideas and strategies to demo or trading simulators you can find the list of them on that link and other trading tools for free.
It's the best thing than just copying other strategies and analysis which you don't know if it is a good analysis or they use you just to get benefits on their own.
Those platforms might sometime give you wrong trading signals or say give hints about some altcoins that have no future growth and can completely dumped after some time and then you will loose all your funds at once.They could be used to read some charts but trusting them blindly is incorrect and can cause troubles for you.The best type is to do demo trading account and trade with non real funds and have an actual idea about how the real trading systems works and then step in to the market as suggested by you.


Title: Re: Are trading platforms useful?
Post by: MIner1448 on October 27, 2021, 08:05:37 AM
There are a lot of such platforms that teach you how to trade, but with such training they can also teach you mistakes, you can lose your deposit on such platforms as a hamster, because they do not give a 100% guarantee that you will earn there. As for the sets of tools, all the same tools are available on all advanced exchanges. Paradoxically, everyone learns to trade by trial and error.


Title: Re: Are trading platforms useful?
Post by: Om.monata on October 27, 2021, 08:08:43 AM
i read crypto news. if the site is currently It provides a comprehensive set of tools for all users, regardless of their current level of knowledge. The platform offers everything from automated charting tools that help beginners understand the basics of technical analysis to advanced proprietary indicators for expert traders.

but I still haven't found reviews from professional traders about the accuracy and security of the real crypto news. this is still a big question for me


Title: Re: Are trading platforms useful?
Post by: TheGreatPython on October 27, 2021, 12:34:08 PM
As for the sets of tools, all the same tools are available on all advanced exchanges. Paradoxically, everyone learns to trade by trial and error.
Yes, when everyone is focusing to learn and update new ideas and tactics then market competition is becoming too high which must be the reason why we cannot avoid losses time to time and overall even pro traders must be still into error and trail method but in live market and they must be doing the errors at minimum levels hence the success rate is higher for them. When we do in learning phase may not be changed when we enter in live market. Same error and trail method will work but we need to cut losses earlier.


Title: Re: Are trading platforms useful?
Post by: spyderbilt on October 27, 2021, 04:20:40 PM
I haven't. Introducing someone to the crypto market is quite hard if you're going to introduce him with those tools as the start. I think it's always best to go the manual method of telling him how to trade manually before using those tools that have been given to you by that platform. There's tradingview which is a good start to help him with charting. Because if there will be a lot of tools as you've mentioned will be shown to him, I think it will just make things complicate as he's still a beginner.
That's right, the most important manual method today to introduce. because a beginner should be introduced to basic methods prior to modern methods such as certain platforms. I think it's too soon to introduce the platform and not sure a beginner can understand. So, you have to take the next step


Title: Re: Are trading platforms useful?
Post by: Zilon on October 27, 2021, 05:13:32 PM
News crypto.io was helpful to me in my early days of trading. I got to understand more on advanced technical analysis but I didn't just rely on newscrypto alone I also used some other crypto academies from other exchanges and from online free academies since each look at the market tye same way but their explanation differs and some are more simplified than the others


Title: Re: Are trading platforms useful?
Post by: milewilda on October 27, 2021, 06:15:51 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?
I have that feeling that you are just simply shilling out this Newscripto site oor platform indirectly but for me to say about assistance or something like that
were very common.Of course you would be provided with those tools needed but they arent telling you on how you would use it and this is where self
learn will really kick in because even they had provided all of stuffs if you dont know on how to read it then it would be still useless.
Top platforms does provide but in general aspect you are the ones should do the rest.


Title: Re: Are trading platforms useful?
Post by: ScamViruS on October 27, 2021, 06:38:50 PM
Many crypto trading platforms now share various important information through blogs to impart knowledge about trading to their traders. If you are going to trade on one of the best exchanges, you will find a lot of important instructions about trading on that exchange, which will help you a lot to start trading. But yes those are not enough to make yourself a good skilled trader but still they work much better for newcomers. And the platform you're talking about, I've never heard of that platform before.

Trader must be careful before using any new or lesser known platform. So it would not be right for me to comment on this platform.


Title: Re: Are trading platforms useful?
Post by: teosanru on October 27, 2021, 06:51:43 PM
No they are not Truth is that the easier and more similar your strategy is to other traders the more chances are that it will fail. It's generally a behaviour adopted even by the most advanced traders, this is one of the prime reasons why these traders don't even share their strategies online, even in the premium courses they are reluctant to share the systems or strategies they use to make profits. The platforms you are talking about can help a complete beginner kick start his journey in trading but to make actual real profits these platforms won't be sufficient, after getting the learnings from these platforms you would still need to devise your strategies and systems and a complete trading plan to actually be profitable in this market.


Title: Re: Are trading platforms useful?
Post by: el kaka22 on October 27, 2021, 07:28:40 PM
Trader must be careful before using any new or lesser known platform.
When such new platforms are only for the purpose of learning and for referring while trading then I guess there would be no big problem a trader might need to face. Our actual trading should be only on reputed exchanges and definitely not in lesser known platform.

These days there are lots of paid and free portals are available for charting and for strategy building on real markets and I am sure that those free portals are providing highly advanced and latest tools for technical analysis  hence just going by unknown platforms with precautions is not making any sense to me. If you are going to deposit your coins for trading then that should be only on well known and reputed platforms but for analysis I guess we can go with any platform regardless of their age and reputations.


Title: Re: Are trading platforms useful?
Post by: clorasteinberg on October 28, 2021, 09:56:45 AM
The only platform I’ve used so far for crypto trading is MT5 on turnkeyforex, and it has a lot of good analytical tools. But tbh I think the tools provided by any platform can only be useful if a trader knows how to use them. And knowing their correct use for sure requires experience in technical analysis.


Title: Re: Are trading platforms useful?
Post by: Sihab76 on October 28, 2021, 11:51:03 PM
Of course the trading platform is useful and up-to-date. If you are an experienced trader then trading platform is very useful for you. And if you are inexperienced then trading platform may not be as useful for you. However first you are experienced then you will go to trade.


Title: Re: Are trading platforms useful?
Post by: chaser15 on October 28, 2021, 11:53:25 PM
Trading platforms are very useful. Nowadays lots of platforms already have basic tools to help newbies to learn chart reading.

I also browse OP's given site and I'm amazed at what I saw there. What's the update OP using that platform?


Title: Re: Are trading platforms useful?
Post by: so98nn on November 04, 2021, 07:16:31 AM
Trading platform is just the stage where you can play the whole thing of buy and sell. Now a days most of the platforms are equipped with data and chart view analyser. Without this they are almost next to incomplete.

However, I would urge one important thing here, having stage does not mean you can play the music of your choice. You still need great deal of knowledge to plot and read the theories that are built using those chart data’s. It’s simply process of calculating the outcomes based on technical and fundamental inputs.

So your friend will still need to learn how to work around them so that they can benefit from it.


Title: Re: Are trading platforms useful?
Post by: palle11 on November 04, 2021, 09:21:01 AM

However, I would urge one important thing here, having stage does not mean you can play the music of your choice. You still need great deal of knowledge to plot and read the theories that are built using those chart data’s. It’s simply process of calculating the outcomes based on technical and fundamental inputs.

So your friend will still need to learn how to work around them so that they can benefit from it.

Most of the platforms you have to do your own adjustment for your trade pattern to work very well with it. If you don't do that and just follow what you see there, you may keep experiencing losses like before. And like other means that trade is carried out you need some changes for your own benefit that is why the volumes and parameters are there.


Title: Re: Are trading platforms useful?
Post by: beerlover on November 04, 2021, 05:16:26 PM
Most of the platforms you have to do your own adjustment for your trade pattern to work very well with it. If you don't do that and just follow what you see there, you may keep experiencing losses like before. And like other means that trade is carried out you need some changes for your own benefit that is why the volumes and parameters are there.
I usually start trading with most of the platforms with the default settings and it works for me without any major hurdles. I agree when we are going for customising settings according to our strategies then it will be more helpful and appropriate for having accurate technical analysis but not mandatory as per my experience. This may be because I am doing all my technical analysis in my favourite place but I am getting into new platforms just for the reason of finding a trading pair.

I am not sure how people are adopting a new platform just for the reason of getting into it when their usual technical analyses are being done on specialized portals like tradingview or some mobile apps.


Title: Re: Are trading platforms useful?
Post by: Smartvirus on November 04, 2021, 08:36:19 PM
Most times, it depends on you and what you intended to get from these trading platforms. Most persons seek it out for the signals but, that's such a shifty way to learn. In fact, you can never learn as someone who depends on other traders signals. It lowers your self confidence and you cannot go into the market on a personal note which doesn't make you much of a successful trader.
Should you happen to belong with a platform that actually discuss trading strategies, tips to analysis of the market and share paste experiences on a trading pair, then you can say, there is something to pick out of that platform. Learning is key and most important.


Title: Re: Are trading platforms useful?
Post by: Bollexz1 on November 04, 2021, 08:41:57 PM
Having a bot trade coins for you doesn't sound like the best strategy to learn trading. I bumped into one couple months back and after testing it for some weeks, I had to move my capital out of it as it doesn't suit my style. Learn the basic first my friend.


Title: Re: Are trading platforms useful?
Post by: Lordhermes on November 05, 2021, 10:32:56 PM
Ofcourse! Trading platforms are very useful,there are lots of things we learn from those platforms,that is the reading I'm talking about.While reading,one must not center on only one particular area,it is adviceable to read widely and broadly so as to know everything you need to know about trading.
Those platforms were what gave me a guild and a clue about what trading is,and for every new person or beginner,it is very good to visit those platforms and learn from them.


Title: Re: Are trading platforms useful?
Post by: 24Kt on November 05, 2021, 10:50:28 PM
Having a bot trade coins for you doesn't sound like the best strategy to learn trading. I bumped into one couple months back and after testing it for some weeks, I had to move my capital out of it as it doesn't suit my style. Learn the basic first my friend.

Aside from that, be transparent to your friend. It is not all gain in trading, at some point, you will lose also. That's part of the game. You can't expect that all your trades will be in your favor. Learn the basics, start small, don't go into futures if you are just a beginner, spot trading may be useful if you are just starting. Don't use bots, as much as possible, it won't help you in your trading journey. Better learn first on your own before venturing into bots.


Title: Re: Are trading platforms useful?
Post by: martina14 on November 06, 2021, 08:12:17 PM
Well, to make the platforms become useful to you, it is better to make some review before you enter unto it.
Research or reviewing it first is most of the time reason why a lot of the community who tried ended up mostly to
loss their assets due to lack of knowledge and negligence.


Title: Re: Are trading platforms useful?
Post by: Hippocrypto on November 07, 2021, 04:55:25 AM
It is very important that you have knowledge about it or even review it first before entering unto it. It is also to avoid losses and to know all the possible risk. Almost every trading platform is useful. Its up to you on how will you get profit from these platform. Most of the platforms you have to do your own adjustment for your trade pattern to work very well with it. If you don't do that and just follow what you see there, you may keep experiencing losses.


Title: Re: Are trading platforms useful?
Post by: SirLancelot on November 07, 2021, 09:56:34 PM
Well, to make the platforms become useful to you, it is better to make some review before you enter unto it.
Research or reviewing it first is most of the time reason why a lot of the community who tried ended up mostly to
loss their assets due to lack of knowledge and negligence.
I guess we do not need to go for checking with exchanges and portal for finding the best trading tools and indicators for crypto trading. Because, nowadays all the exchanges are providing excellent technical analyzing tools and indicators so we can directly get into most reputed platforms rather than wasting time to find out the best one.

I am trading in binance and bitrex and I am loving both of the portals because both are providing the best in industry kind of tools and all other required things.


Title: Re: Are trading platforms useful?
Post by: Questat on November 07, 2021, 10:52:31 PM
It is very important that you have knowledge about it or even review it first before entering unto it. It is also to avoid losses and to know all the possible risk. Almost every trading platform is useful. Its up to you on how will you get profit from these platform. Most of the platforms you have to do your own adjustment for your trade pattern to work very well with it. If you don't do that and just follow what you see there, you may keep experiencing losses.
Every action has different results and if we are too careless on our trades, therefore, to say that we possibly lose our money and then put blame on the exchange is definitely not right and so unfair.
That all trading platforms are good provide that it was legit and reputed. Coz it can be seen around a number of trading platforms are growing and many of them are just scammy. And the right choice of trading platforms may also give some help and gives results positive that is why we should have not rushed but instead make searches first before entering.


Title: Re: Are trading platforms useful?
Post by: add1ct3dd on November 08, 2021, 08:00:26 AM
I am trading in binance and bitrex and I am loving both of the portals because both are providing the best in industry kind of tools and all other required things.
I am trading only at binance and in my opinion the tools provided by the trading portal is is not that much significant compared to our knowledge on technical analysis. I mean the level of your expertise in technical analysis is the only thing that will decide the outcome of your trading and certainly not the platform and their fancy charting or any other tools. Still I agree that trading platforms are useful but only up to certain level and not up to the level of deciding up to your profit or loss.


Title: Re: Are trading platforms useful?
Post by: Peanutswar on November 08, 2021, 12:17:14 PM
Today there are a lot of resources on the internet today so finding a good trading platform is the more ideal thing to do try to figure out which is more suitable for your trading habits. With the use of the internet its more easier to browse some of the information might contribute to your trade, every experience, knowledge and skills you learn it might gives you a good outcome to your profit and preventing too much losses.


Title: Re: Are trading platforms useful?
Post by: Swordsoffreedom on November 08, 2021, 12:53:05 PM
~
Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?

Your post is not clear. Do you want to know about trading platforms like Binance, Bittrex or Bitfinex? or you want to know about the Newscripto platform?

Maybe you wanted to know about the Newscripto Platform. yes, Newscripto platform is a good choice for the beginner level, they have some great features for the beginner and learner.
But for advanced users, I prefer to use Tradingview. Tradingview is the best trading platform with thousand of trading tools.


Title: Re: Are trading platforms useful?
Post by: otundebis on November 08, 2021, 01:08:20 PM
Centralized trading platform are risky. It is in the interest of cex to give there new users crash course on how to use their platform , teaching users about cryptocurrency and giving out incentive for traders to trade more on their platform for more profit! The cex effort in educating people is commendable, but people should be aware that if you have your cryptocurrency with third party, you run the risk of losing them!


Title: Re: Are trading platforms useful?
Post by: andriarto on November 08, 2021, 01:23:36 PM
~
Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?

Your post is not clear. Do you want to know about trading platforms like Binance, Bittrex or Bitfinex? or you want to know about the Newscripto platform?

Maybe you wanted to know about the Newscripto Platform. yes, Newscripto platform is a good choice for the beginner level, they have some great features for the beginner and learner.
But for advanced users, I prefer to use Tradingview. Tradingview is the best trading platform with thousand of trading tools.
out of thousands of features, I think we will only use a few indicators, and I think general indicators that are commonly used are like EMA. regardless of the trading platform, for beginners I think using basic indicators is good, as long as we know how to use them, so we can sort out whether the indicator works or not


Title: Re: Are trading platforms useful?
Post by: Swordsoffreedom on November 08, 2021, 02:11:53 PM
~
Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?
Your post is not clear. Do you want to know about trading platforms like Binance, Bittrex or Bitfinex? or you want to know about the Newscripto platform?
Maybe you wanted to know about the Newscripto Platform. yes, Newscripto platform is a good choice for the beginner level, they have some great features for the beginner and learner.
But for advanced users, I prefer to use Tradingview. Tradingview is the best trading platform with thousand of trading tools.
out of thousands of features, I think we will only use a few indicators, and I think general indicators that are commonly used are like EMA. regardless of the trading platform, for beginners I think using basic indicators is good, as long as we know how to use them, so we can sort out whether the indicator works or not

It varies from user to user. Not all traders have the same trading style. In fact, you have to choose the indicators based on the trading style. Exponential Moving Average is widely used by traders for doing "Swing trading". you must have to use different indicators for doing Scalping or Day-trading. Most of the indicators are useful enough if you know how to use them.


Title: Re: Are trading platforms useful?
Post by: LUCKMCFLY on November 14, 2021, 05:28:12 PM
I am trading in binance and bitrex and I am loving both of the portals because both are providing the best in industry kind of tools and all other required things.
I am trading only at binance and in my opinion the tools provided by the trading portal is is not that much significant compared to our knowledge on technical analysis. I mean the level of your expertise in technical analysis is the only thing that will decide the outcome of your trading and certainly not the platform and their fancy charting or any other tools. Still I agree that trading platforms are useful but only up to certain level and not up to the level of deciding up to your profit or loss.

Trading in Binance is something very good and safe, but I have seen that there is more success in Binance when handling somewhat high balances, in my case I have always operated in Binance, in Bitfinex but currently I am operating more with decentralized exchange platforms, Because most of the projects that I am looking for now are NFT games, and yes, they are somewhat risky but that is where I see that money moves more and it can be capitalized quickly, however trading in binance is very good and safe although these days they suspended the withdrawals, which seems to me to be something that is not very good, because I already see that the influence from governments is beginning.


Title: Re: Are trading platforms useful?
Post by: carolynpatterson on January 06, 2022, 05:00:52 AM
There’s no such trading platform that can save you from going into losses. Instead of going after interactive charts, tools, indicators, learn to improve your skills. I use mt5 with finprotrading and I think it’s enough. Everything else depends on my trading skills and not on the platform.


Title: Re: Are trading platforms useful?
Post by: cheezcarls on January 06, 2022, 01:28:08 PM
It's not a bad idea to learn some features from the Newscrypto platform and similar platforms like trading view and so on, but it is good to interact with crypto experts and seniors in different fields (trading, staking, lending, etc) so that you can learn from them manually! Newscrypto and similar platforms have automation tools, but if you'll learn from PEOPLE then they'll elaborate everything in step by step.

Crypto forums, Udemy crypto courses (free and paid), YouTube crypto channels, are the best! You can then use Newscrypto, Tradingview, etc to practice what you have learned.

Exactly! I’ve been using Newscrypto myself as a basic free member. I loved their trading tools such as Moonlines where it uses an AI to predict specific support and resistance levels of BTC, ETH, etc. It’s one of the most underrated platforms that I have ever seen which is suitable for cryptocurrency traders and enthusiasts. I’ve been very impressed of their progress so far, and the team are very consistent plus a healthy and happy trading community. You’re gonna love it for sure!

On top of that, other trading platforms are very useful too as long they are reliable, honest and gives great value to your time and money.


Title: Re: Are trading platforms useful?
Post by: 24Kt on January 08, 2022, 11:41:11 PM
It's not a bad idea to learn some features from the Newscrypto platform and similar platforms like trading view and so on, but it is good to interact with crypto experts and seniors in different fields (trading, staking, lending, etc) so that you can learn from them manually! Newscrypto and similar platforms have automation tools, but if you'll learn from PEOPLE then they'll elaborate everything in step by step.

Crypto forums, Udemy crypto courses (free and paid), YouTube crypto channels, are the best! You can then use Newscrypto, Tradingview, etc to practice what you have learned.

Exactly! I’ve been using Newscrypto myself as a basic free member. I loved their trading tools such as Moonlines where it uses an AI to predict specific support and resistance levels of BTC, ETH, etc. It’s one of the most underrated platforms that I have ever seen which is suitable for cryptocurrency traders and enthusiasts. I’ve been very impressed of their progress so far, and the team are very consistent plus a healthy and happy trading community. You’re gonna love it for sure!

On top of that, other trading platforms are very useful too as long they are reliable, honest and gives great value to your time and money.

I can agree that there's nothing wrong using their services. It will also increase your knowledge in trading in some way. But of course, it is only one option to enrich your trading experience. You can also, do it on your own and try applying those strategies on your own trades. Because if you will do it on your own, you will gain more insights how trading works. And each coin is different from each other. So the same strategy won't be applicable to another coin. In time, you will gain more knowledge in trading and it would assist you in coming up with better decisions.


Title: Re: Are trading platforms useful?
Post by: Slow death on January 08, 2022, 11:46:53 PM
Having a bot trade coins for you doesn't sound like the best strategy to learn trading. I bumped into one couple months back and after testing it for some weeks, I had to move my capital out of it as it doesn't suit my style. Learn the basic first my friend.

I know it's an old post but you're right, I don't get along with these bots myself, I confess that I didn't even get it right and to make matters worse they always bring losses when the market has a big drop, an example of the bearish scenario Now, whoever is using a bot must be having big headaches and losses


Title: Re: Are trading platforms useful?
Post by: LastKiss on January 09, 2022, 12:20:52 AM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?

Never use this one before, It's great if new people who just started trading using a tool that will help them with analysis but keep in mind just making it easier in doing some analysis doesn't make you 100% correct about your prediction for the market movement. Don't forget to get some people who have experience in trading to guide you so you wont lost in learning. I will try it later on to know if it's really help me in trading  ;)


Title: Re: Are trading platforms useful?
Post by: BitcoinAccepted on January 09, 2022, 01:35:31 AM
Never use this one before, It's great if new people who just started trading using a tool that will help them with analysis but keep in mind just making it easier in doing some analysis doesn't make you 100% correct about your prediction for the market movement. Don't forget to get some people who have experience in trading to guide you so you wont lost in learning. I will try it later on to know if it's really help me in trading  ;)

I also do not have any experience using newscripto in the past, since I mostly did the readings by myself and I have my colleague to discuss things with. But upon reading this thread, I would want to try it and see for myself if this would help me get better in trading. As per its reliability, I think that I agree with @LastKiss, as much as tools and platforms could help in doing analysis and thus predictions, it cannot be fully guaranteed that it will be accurate. Nevertheless, it is indeed nice to have such tools and platforms that exist today that would help beginners to grasp trading easily.


Title: Re: Are trading platforms useful?
Post by: sirminesalot on January 09, 2022, 04:30:52 PM
Never use this one before, It's great if new people who just started trading using a tool that will help them with analysis but keep in mind just making it easier in doing some analysis doesn't make you 100% correct about your prediction for the market movement. Don't forget to get some people who have experience in trading to guide you so you wont lost in learning. I will try it later on to know if it's really help me in trading  ;)

Using tools for market analysis current is not fit for crypto market currently because the tools doesn't cover enough algorithm to create an analysis for the crypto market which is volatile, so it will make many mistakes often because the market behaviour. using analysis tools maybe for fit for general stocks trading or currency trading because the market movement is more stable.


Title: Re: Are trading platforms useful?
Post by: Anguwa on January 13, 2022, 02:19:25 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?
I am not familiar with Newscripto before, but according to your explanations about the way they give guide about trading and and some technical analysis, I think is good to go with it, but if you have experience about trading is better you guide him. But no matter how good or expert you are know that one can loose in cryptocurrency trading, also advice him or her not to invest the amount he/she cannot afford to loose.


Title: Re: Are trading platforms useful?
Post by: jaberwock on January 13, 2022, 07:29:28 PM
as much as tools and platforms could help in doing analysis and thus predictions, it cannot be fully guaranteed that it will be accurate. Nevertheless, it is indeed nice to have such tools and platforms that exist today that would help beginners to grasp trading easily.
Yeah, all the tools are just enabling us to have better analysis and beyond that no tools could do anything about analysis because tools are just like the templates and you need to make use of them as per your requirements. Hence, only for features and timely approach we can use advanced platforms but that does not guarantee to make profits from trading.

Moreover, advanced platforms may not be helpful for all the beginners as they may not able to understand the advanced trading tools; it means it would be always better for beginners to start with basic platforms and then slowly may get into advanced features based ones.


Title: Re: Are trading platforms useful?
Post by: Silberman on January 13, 2022, 07:53:15 PM
Having a bot trade coins for you doesn't sound like the best strategy to learn trading. I bumped into one couple months back and after testing it for some weeks, I had to move my capital out of it as it doesn't suit my style. Learn the basic first my friend.

I know it's an old post but you're right, I don't get along with these bots myself, I confess that I didn't even get it right and to make matters worse they always bring losses when the market has a big drop, an example of the bearish scenario Now, whoever is using a bot must be having big headaches and losses
The problem with trading bots is that you are relying on whoever coded the bot to trade the markets in your behalf, and this is never a good idea, because if the strategy happens to have a flaw and you did not backtested the strategy then you will lose money, however that does not mean that trading bots are completely useless, if you can code your own bot with a strategy that you know it works then you will have great chances for making profits in the markets, as the bot can trade every single day without rest, something that is impossible to do for a human.


Title: Re: Are trading platforms useful?
Post by: fullhdpixel on January 13, 2022, 09:48:19 PM
I am not familiar with Newscripto before, but according to your explanations about the way they give guide about trading and and some technical analysis, I think is good to go with it, but if you have experience about trading is better you guide him. But no matter how good or expert you are know that one can loose in cryptocurrency trading, also advice him or her not to invest the amount he/she cannot afford to loose.
I am also not familiar with the platform that the OP has mentioned,. Only went to search for it on Google after reading his post, and the site came up so I clicked on it to look at it and see how good it is. And from what I’ve seen so far it seems quite good, and is a platform that teaches people how to trade cryptocurrency, and provides tools and trading advice that you might need, such as  technical analysis and the rest of them.

And one thing I think is good about the platform is that they categorize or group everything so that it would be easy for you to know where to start from. If you’re a newbie, then there is a place for you to start from. When you open the website you see the lessons they offer and who it is meant for, you can then select based on your level of experience.


Title: Re: Are trading platforms useful?
Post by: Lordhermes on January 14, 2022, 03:23:35 AM
Yeah exactly,all trading platforms are useful because they give you a guild on how to trade,what to do before trading,when to trade,what and what should be put into consideration while trading,how much to use in starting up the trade.These and more are what trading platforms put into consideration and send online for the followers to see and learn.

Although,not all trading platforms are real,some are scam,and are after the little money you have.


Title: Re: Are trading platforms useful?
Post by: lixer on January 14, 2022, 06:39:33 PM
I am also not familiar with the platform that the OP has mentioned,. Only went to search for it on Google after reading his post, and the site came up so I clicked on it to look at it and see how good it is. And from what I’ve seen so far it seems quite good, and is a platform that teaches people how to trade cryptocurrency, and provides tools and trading advice that you might need, such as  technical analysis and the rest of them.
Newscrypto is a nice platform for learning about cryptocurrency trading. There are lot of things that you can learn for free on their platform, and I think your friend should make use of it because as time goes on as long as he continues to take his studies steady, he’s going to benefit from it. But, he should be very careful with the way he makes use of his capital in trading, because no matter how good things might seem to be, there are still times that the market wouldn’t be that good and you will end up losing money. Try to let him know the necessary that he can use to help him as well.


Title: Re: Are trading platforms useful?
Post by: 2girls on January 14, 2022, 07:11:56 PM
I don't know any website or app which has tools for learning. If you want to learn trading then you can learn on youtube and practice on Trading View with a demo account, they will give you 100,000$ in demo account for trading, where you will be able to TA and practice trades.


Title: Re: Are trading platforms useful?
Post by: blackened515 on January 14, 2022, 08:12:22 PM
I don't know any website or app which has tools for learning. If you want to learn trading then you can learn on youtube and practice on Trading View with a demo account, they will give you 100,000$ in demo account for trading, where you will be able to TA and practice trades.
There are many Videos who can be of great help to beginners. They can also read useful articles about how trading works online. Also, Trading with a demo account is indeed a nice idea.
Although, they might be useful trading platform, but am quite afraid of most of this platform because some are actually operated by scammers, they will ask you to pay certain money before gaining access to their online tutorials, and probably end up scamming you.


Title: Re: Are trading platforms useful?
Post by: Rengga Jati on January 14, 2022, 10:48:58 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me.
First of all, tell your friend that there is no guarantee of any platform of trading that is not go at loss, always remember this, trading is risky, not only getting profits but also probabilities of getting any loss. If your friends are not ready with the loss, suggest him not to go trading. It will harm him and also yourself who gives him the suggestions about the platforms.
Remember, there is no guarantee.
Even a professional trader also always experience any loss.


Title: Re: Are trading platforms useful?
Post by: Silberman on January 17, 2022, 05:50:37 PM
I don't know any website or app which has tools for learning. If you want to learn trading then you can learn on youtube and practice on Trading View with a demo account, they will give you 100,000$ in demo account for trading, where you will be able to TA and practice trades.
If someone is going to use a demo account I will recommend that as a starting capital they use exactly the amount they are thinking on using for real when trading the markets, this is necessary because if you use an amount that is too high, like 100k, then you may think that it is way easier to make money in the markets if you happen to make a few trades on the demo account, but that would be a lie as you will not have such a huge capital at your disposal when you trade for real.


Title: Re: Are trading platforms useful?
Post by: Zilon on January 17, 2022, 09:44:17 PM
I would say trading platform are very much useful because as a trader not minding the level of professionalism updating on existing knowledge is a necessity and same is applicable to newbies and Must say different platform comes with different approach but still ends up driving home the same set of information so I will say with all boldness that trading platform can save any trader from account damages if it's well studied


Title: Re: Are trading platforms useful?
Post by: Lanatsa on January 17, 2022, 10:59:25 PM
I don't know any website or app which has tools for learning. If you want to learn trading then you can learn on youtube and practice on Trading View with a demo account, they will give you 100,000$ in demo account for trading, where you will be able to TA and practice trades.
If someone is going to use a demo account I will recommend that as a starting capital they use exactly the amount they are thinking on using for real when trading the markets, this is necessary because if you use an amount that is too high, like 100k, then you may think that it is way easier to make money in the markets if you happen to make a few trades on the demo account, but that would be a lie as you will not have such a huge capital at your disposal when you trade for real.
Wont really be that much effective when it comes to risks handling because the money you've been using is demo and not real ones and emotions wont really be similar no matter where you do look at.

Demo trades are good for realization and learning but in overall aspect it wont really be that much and it would be more worth if you do learn up with actual trades on having real funds with it.

Of course they are useful but it would be worth if you do know on how to deal with them and do see its importance.


Title: Re: Are trading platforms useful?
Post by: TelolettOm on January 17, 2022, 11:14:12 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me.
Do you mean trading platform or kind of trading bot?
So far as I know, trading platform will not guarantee their users not to lose. Because, the loss or even profits are managed by the users itself. They will not be responsible of any loss that users will probably get. It is because trading platform is only a platform or exchange that provide services for buying and selling cryptocurrency. And sometimes there are also additional features like what Binance and other exchanges have. But no guarantee for the loss.

If you mean it is about trading bot that will help him to always take profits without loss, seriously?
Moreover if that is a free trading bot, this will never guarantee him not to lose. I think that it is better not to suggest him about certain platform because it will be too risky for you and he may blame you if he loses someday.


Title: Re: Are trading platforms useful?
Post by: Sweetbtc on January 19, 2022, 07:09:32 AM
When I was new bie in this trading platform I was thinking about trading is just wasting time but now as I worked on trading platform now I suggest to all of you that is is very good platform to earnings money.


Title: Re: Are trading platforms useful?
Post by: goldkingcoiner on January 19, 2022, 07:38:11 AM
I would say trading platform are very much useful because as a trader not minding the level of professionalism updating on existing knowledge is a necessity and same is applicable to newbies and Must say different platform comes with different approach but still ends up driving home the same set of information so I will say with all boldness that trading platform can save any trader from account damages if it's well studied

The only part about trading platforms usefulness which I like and can completely agree with is the fact that they are the ones responsible for your funds, should anything happen to your money...

Now this is not something that can be said with current DeFi. If you get hacked, or lose your money or access keys, you are the one at fault and the funds may be unretrievable. But then again, you have to do KYC on trading platforms. Again, a double edge sword. You have to weigh the risks and see if its worth it, in the end.


Title: Re: Are trading platforms useful?
Post by: pinggoki on January 19, 2022, 07:47:01 AM
When I was new bie in this trading platform I was thinking about trading is just wasting time but now as I worked on trading platform now I suggest to all of you that is is very good platform to earnings money.
Not really, not a lot of people are earning their money in trading so I really don't think that it's a way to make money. In my opinion it takes skill to be able to make money in trading and not everyone can hone that skill because not everyone is the same. To all newbies, don't let this fool you that you can easily make money in trading if you don't have the skills so be careful.


Title: Re: Are trading platforms useful?
Post by: kapalmabur on January 19, 2022, 07:48:35 AM
When I was new bie in this trading platform I was thinking about trading is just wasting time but now as I worked on trading platform now I suggest to all of you that is is very good platform to earnings money.
Indeed everything takes time to understand and be able to make a profit in a trading platform,
definitely make the best use of the trading platform if you really intend to make money


Title: Re: Are trading platforms useful?
Post by: noormcs5 on January 19, 2022, 09:25:09 AM
When I was new bie in this trading platform I was thinking about trading is just wasting time but now as I worked on trading platform now I suggest to all of you that is is very good platform to earnings money.
Indeed everything takes time to understand and be able to make a profit in a trading platform,
definitely make the best use of the trading platform if you really intend to make money

Trading platform are very useful to perform the technical analysis. I will prefer trading view which is by far the best trading and technical analysis tool. If you know the TA, you can take trading as a full time profession.
But only getting access to the trading platform and not knowing how to do technical analysis is useless.


Title: Re: Are trading platforms useful?
Post by: YOSHIE on January 19, 2022, 09:58:15 AM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss.
I have never found a platform that is not risky/loss in trading, even though I use trusted and great local and international platforms.

If you can, suggest to your friend, learn the science of crypto trading first professionally about trading, investment and so on, at least with the knowledge he learns he can avoid losses, any platform is the same, the point is: trading knowledge is needed.


Title: Re: Are trading platforms useful?
Post by: AicecreaME on January 19, 2022, 11:27:10 AM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss.
I have never found a platform that is not risky/loss in trading, even though I use trusted and great local and international platforms.

If you can, suggest to your friend, learn the science of crypto trading first professionally about trading, investment and so on, at least with the knowledge he learns he can avoid losses, any platform is the same, the point is: trading knowledge is needed.

Exactly.

Losing in trading is unavoidable, but learning to prevent losses is available in internet, simply search it on google and you'll find a lot of recommendations, I'd recommend books rather than watching YouTube tutorials, but it still depends on OP preference. But not losing any amount of money just mean you are not even trying.


Title: Re: Are trading platforms useful?
Post by: gamer4156 on January 20, 2022, 05:12:38 PM
I believe it's best all the time to put in any amount of work of letting him know how to exchange physically prior to utilizing those apparatuses that have been given to you by that stage. The computerized part that notice by OP isn't so much for exchanging but instead a programmed graphing instruments to help beginner how to utilize pointers.


Title: Re: Are trading platforms useful?
Post by: Rockstarguy on January 26, 2022, 12:02:20 PM
Trading platforms will surely help you  in getting knowledge about trading and you  can also asķ questions that may need better understanding.but Being in a trading platform does not mean you won't loss in trading,  just that a trading platform will be an advantage for you to come across new things which you don't know.


Title: Re: Are trading platforms useful?
Post by: Xinarae* on January 26, 2022, 12:40:14 PM
Correct, because without a trading platform it would not be so easy to learn about trades. A trading platform is software that enables investors and traders to set up business and monitor accounts through financial intermediaries most of the time the trading platform will integrate with other features like real time quotes charting tools news feeds and even premium research. Traders and investors should be able to comply with the requirements of the platform before making a decision.


Title: Re: Are trading platforms useful?
Post by: Sweetbtc on February 01, 2022, 12:42:24 PM
Trading currencies has never been as fun and accessible as currently. in contrast to before, once you required a broker to trade currencies, on-line trading platforms enable you to try and do it by yourself. Not solely that, the trading platforms modify you to become a stronger merchandiser.


Title: Re: Are trading platforms useful?
Post by: Zanab247 on February 03, 2022, 07:49:22 PM
Many investors has achieved so much profits from trading platform that is attracting Many people to join the trading platform to start earning what others are earning in the platform. Newbies will definitely achieve something good from their trading because many are fully prepared for this new year 2022 to be part of this new year opportunity.
I have achieved many income from my trading which many investors are still working hard to achieve passive income from their trade in the market. Now that the market is about to change for traders to recover from their losses they have experienced during December last year 2021.


Title: Re: Are trading platforms useful?
Post by: Lordhermes on February 03, 2022, 11:20:28 PM
Yes, trading platform is necessary for a business entrepreneur cause this expose you to different business  strategies, it gives them inspiration about how to run an outstanding business in any business environment they found themselves , this platform gives traders awareness about foreign marketing system so therefore an entrepreneur or businessman with an aim to make and achieve massive income needs to enroll in a trading platforms to achieve his goal and objectives.


Title: Re: Are trading platforms useful?
Post by: jhonjhon on February 04, 2022, 12:13:31 AM
When I was new bie in this trading platform I was thinking about trading is just wasting time but now as I worked on trading platform now I suggest to all of you that is is very good platform to earnings money.
Not really, not a lot of people are earning their money in trading so I really don't think that it's a way to make money. In my opinion it takes skill to be able to make money in trading and not everyone can hone that skill because not everyone is the same. To all newbies, don't let this fool you that you can easily make money in trading if you don't have the skills so be careful.
True, it depends on how you handle the trading process. If you dont have enough skills and knowledge about this trading platform,then you can never be successful.. And also it requires patience and self descipline in order you to become succeed.. Trading is that not an easy thing. Yes,you can make money in trading but not everyone can make it.Thats why it is advisable to do some research first before taking an action especially for those newbie.


Title: Re: Are trading platforms useful?
Post by: judaspriest on February 04, 2022, 01:41:42 AM
When I was new bie in this trading platform I was thinking about trading is just wasting time but now as I worked on trading platform now I suggest to all of you that is is very good platform to earnings money.
Not really, not a lot of people are earning their money in trading so I really don't think that it's a way to make money. In my opinion it takes skill to be able to make money in trading and not everyone can hone that skill because not everyone is the same. To all newbies, don't let this fool you that you can easily make money in trading if you don't have the skills so be careful.
True, it depends on how you handle the trading process. If you dont have enough skills and knowledge about this trading platform,then you can never be successful.. And also it requires patience and self descipline in order you to become succeed.. Trading is that not an easy thing. Yes,you can make money in trading but not everyone can make it.Thats why it is advisable to do some research first before taking an action especially for those newbie.
Sometimes if outsiders see trading as something easy to do but actually it is a big mistake because trading is really complex,
Having skills alone is not enough to be successful.
in trading we need also knowledge, self control and that is the important thing


Title: Re: Are trading platforms useful?
Post by: palle11 on February 05, 2022, 06:02:11 PM
Trading currencies has never been as fun and accessible as currently. in contrast to before, once you required a broker to trade currencies, on-line trading platforms enable you to try and do it by yourself. Not solely that, the trading platforms modify you to become a stronger merchandiser.

Online trading really helps the trader to develop it own personal skills to trade. You can fall many times though because you are trying to develop yourself but you will rise with time because you are making the mistake by yourself and understand yourself better. Every aspect of online trading is about to develop the trader and emotional stand also.


Title: Re: Are trading platforms useful?
Post by: Russlenat on February 06, 2022, 04:54:40 PM
Trading currencies has never been as fun and accessible as currently. in contrast to before, once you required a broker to trade currencies, on-line trading platforms enable you to try and do it by yourself. Not solely that, the trading platforms modify you to become a stronger merchandiser.

Online trading really helps the trader to develop it own personal skills to trade. You can fall many times though because you are trying to develop yourself but you will rise with time because you are making the mistake by yourself and understand yourself better. Every aspect of online trading is about to develop the trader and emotional stand also.

Nowadays that everything can almost be done online, educating ourselves is not gonna be hard anymore, and with our experience in trading and continued learning, we will eventually improve as a trader. It will not be an overnight success, but as we keep this journey, nothing is impossible, we will succeed over time and trading would be easier compared to the early stage of our journey.

You know what, it's all in our hands, and it depends on how we work to improve ourselves.


Title: Re: Are trading platforms useful?
Post by: toast on February 08, 2022, 02:42:17 PM
I'm sure that I haven't heard like that before if it helps you and it doesn't ask for payment, deposit or subscription then I think they are good and very useful website for beginners. Some projects are focusing on new traders since they are vulnerable to scams just avoid projects that asks money but I think reading at the same time is very useful and powerful.


Title: Re: Are trading platforms useful?
Post by: nhaila on February 27, 2022, 01:00:34 PM
Specially trading is my alternative jobs besides my teaching profession. But sometimes trading faces me a lots of losses due to unstable market conditions. But sometimes trading platform heaven for me when I get some special benefits.


Title: Re: Are trading platforms useful?
Post by: shawon01 on February 27, 2022, 03:50:30 PM
deletd


Title: Re: Are trading platforms useful?
Post by: sumant on February 27, 2022, 05:31:33 PM
Yes there are trading platform which used for trading  to earn some extra money is realy useful. Some big promotions going through almost all trading platform.You can take part in this promotons and earn big amount of money. Some trading platform is used for bot trading with huge benefits. We can enjoy these huge gains in our portfolio from these trading platform.


Title: Re: Are trading platforms useful?
Post by: riskarcher on February 27, 2022, 06:49:30 PM
Yes there are trading platform which used for trading  to earn some extra money is realy useful. Some big promotions going through almost all trading platform.You can take part in this promotons and earn big amount of money. Some trading platform is used for bot trading with huge benefits. We can enjoy these huge gains in our portfolio from these trading platform.

Never trust BOT trading dude because you also have to control market movements and the trading platform serves as a financial battle between traders that's why there are dumps and pumps that make people Cut Loss/profit this is how our money management must be taken into account with the investments we use on the trading platform


Title: Re: Are trading platforms useful?
Post by: Rehan Zakir on February 27, 2022, 06:53:45 PM
Yes brother trading platforms are very useful. There are lot of platforms that are available on internet. They have uploaded different courses and video tutorials for guiding newbies. Basically they are doing great job. They are trying to train newbies in trading industry. I have also learn technical analysis from youtube. Youtube is a place that is best for learning. So, there are lot of opportunities available for newbies. You just have to start your trading journey.


Title: Re: Are trading platforms useful?
Post by: justdimin on February 28, 2022, 02:45:18 PM
Yes there are trading platform which used for trading  to earn some extra money is realy useful. Some big promotions going through almost all trading platform.You can take part in this promotons and earn big amount of money. Some trading platform is used for bot trading with huge benefits. We can enjoy these huge gains in our portfolio from these trading platform.
Never trust BOT trading dude because you also have to control market movements and the trading platform serves as a financial battle between traders that's why there are dumps and pumps that make people Cut Loss/profit this is how our money management must be taken into account with the investments we use on the trading platform
Depends on the bots really, there are some that just allows you to put your strategy to work, and that means you get to do whatever you want and the bot will only follow your orders. Doesn't mean that you would make profit, you could be losing yourself, and your bot will lose too, whatever you are capable of doing is the exact same thing that your bot will do in that case.

There are some that end up losing a lot as well, no idea if that would work or not, but I know that it would basically be something to behold. I personally do not believe that we would be doing anything profitable if we just hope that any bot would allow us to make a profit without working for it.


Title: Re: Are trading platforms useful?
Post by: redsun114 on February 28, 2022, 06:33:53 PM
@OP
You ask if trading platforms are useful? Obviously, because how can we trade our coins without them? Sure, we can trade via p2p on any sites but it would be formal if there is a site specifically built for a trader or for trading?

Most trading platforms now are secure but they cannot guarantee you that you won't lose by the time you trade your coin, it is not their job to educate you but what are they only offering is a place and a service pertaining to trade. Are you part of the website that you are promoting? How much do you get for this post but by the way I visit it because I'm curious.

I am surprised that it's not about a news site related to crypto but what you describe here in your post is what you can also get on that website. cool tho. thanks


Title: Re: Are trading platforms useful?
Post by: shawon01 on April 19, 2022, 01:48:26 AM
There are many platforms out there that will help you to do this and through such training they can teach you to forget. You can lose your deposit on platforms like Hamster because they do not 100% guarantee that you will earn all the tools to chat there all development exchanges.  In the above unusual way everyone assumes trial 'and teaches to trade by it



Title: Re: Are trading platforms useful?
Post by: breathlessz on April 19, 2022, 05:23:46 AM
Yes there are trading platform which used for trading  to earn some extra money is realy useful. Some big promotions going through almost all trading platform.You can take part in this promotons and earn big amount of money. Some trading platform is used for bot trading with huge benefits. We can enjoy these huge gains in our portfolio from these trading platform.
Never trust BOT trading dude because you also have to control market movements and the trading platform serves as a financial battle between traders that's why there are dumps and pumps that make people Cut Loss/profit this is how our money management must be taken into account with the investments we use on the trading platform
Depends on the bots really, there are some that just allows you to put your strategy to work, and that means you get to do whatever you want and the bot will only follow your orders. Doesn't mean that you would make profit, you could be losing yourself, and your bot will lose too, whatever you are capable of doing is the exact same thing that your bot will do in that case.

There are some that end up losing a lot as well, no idea if that would work or not, but I know that it would basically be something to behold. I personally do not believe that we would be doing anything profitable if we just hope that any bot would allow us to make a profit without working for it.
as good as bots, I think it's still good to trade manually. and if we are good at trading manually, then we can use bots as needed. different from the current situation where people want instant money without wanting to learn, so they put their hopes on bots. and this is very inversely proportional, on the other hand marketing bots also give promises so as to make people interested, and this seems to impress how to get a lot of money from customers, whether they are profitable or not


Title: Re: Are trading platforms useful?
Post by: Benefactor on April 19, 2022, 07:24:09 AM
There is tradingview which is a decent begin to assist him with outlining. Since, supposing that there will be a ton of instruments as you have referenced will be displayed to him, I figure it will simply cause things to confuse as he's as yet an amateur. It is the best thing than simply duplicating different systems and investigation which you couldn't say whether it is a decent examination or they use you just to get benefits all alone.


Title: Re: Are trading platforms useful?
Post by: Pandu Geddon on April 19, 2022, 07:38:02 AM
There is tradingview which is a decent begin to assist him with outlining. Since, supposing that there will be a ton of instruments as you have referenced will be displayed to him, I figure it will simply cause things to confuse as he's as yet an amateur. It is the best thing than simply duplicating different systems and investigation which you couldn't say whether it is a decent examination or they use you just to get benefits all alone.
I think tradingview is pretty good to use. I use it and some tools are very useful for beginners.
then the platform the OP is talking about. does it lead to a trading robot? which means we leave the decision of the money we use to trade to third parties? I think it's highly discouraged. too big a risk.
for a beginner, of course, a simple tool that can increase our knowledge and skills in trading will be very good than a platform that promises profits without risk.


Title: Re: Are trading platforms useful?
Post by: taufik123 on April 19, 2022, 02:51:59 PM
I think tradingview is pretty good to use. I use it and some tools are very useful for beginners.
then the platform the OP is talking about. does it lead to a trading robot? which means we leave the decision of the money we use to trade to third parties? I think it's highly discouraged. too big a risk.
for a beginner, of course, a simple tool that can increase our knowledge and skills in trading will be very good than a platform that promises profits without risk.
platforms that promise profit without risk are just bullshit and end up being a scam. Today's trading robots have disappeared and been blocked. Better to hone your trading skills by using tradingview as mentioned. The trading tool platform will be more useful and add more insight in trading. The indicators provided are also very many and can be selected.
It is better to trade manually so you know the process, don't rely only on automated trading or robots and pump signals that are not clear and risky.


Title: Re: Are trading platforms useful?
Post by: CapGelatik on April 19, 2022, 03:14:05 PM
Of course it's very useful, mate, I'm new to the Trading view myself,
because I always use the trading view every day, it's very helpful there, with lots of indicators,
it certainly makes traders like me not confused, because they can choose for free


Title: Re: Are trading platforms useful?
Post by: iv4n on April 19, 2022, 05:27:06 PM
How bad can they be? It is just important to find a reliable and convenient option.

I guess they can be very bad, to lead you to the wrong step and making a mistake, and that leads to a loss of capital! The partial or total loss depends on with how much money you trusted the trading signal from a trading group!
Finding something good and of good quality can be a very difficult task! People want someone to do everything for them and they just to click and make money, mostly these people are the victims of such groups! If someone wants to trade, they should be ready to spend some time and do research before each trade!


Title: Re: Are trading platforms useful?
Post by: sulendra12 on April 19, 2022, 05:49:00 PM
Newscripto is pretty okay I think for now despite the thread was made in 6 months ago. I would recommend to try Binance if anyone want to try out crypto trading for beginners, the minus would be the KYC for some people but still they have Binance academy to help the beginners with the well-made articles for traders and pretty good chart readability to even help you out for better search.


Title: Re: Are trading platforms useful?
Post by: Joshapat on April 20, 2022, 04:56:26 AM
Trading platforms can certainly help us to generate better profits, although it doesn't guarantee 100% profit but I've tried several trading platforms and until now still use the platform that I think fits my needs.


Title: Re: Are trading platforms useful?
Post by: Shasha80 on April 20, 2022, 06:08:10 AM
Trading platforms can certainly help us to generate better profits, although it doesn't guarantee 100% profit but I've tried several trading platforms and until now still use the platform that I think fits my needs.

Of course, if there are trading platforms that help us to improve our trading skills it will be very helpful. Sometimes we do have to take our time
to learn trading, so that we understand how to trade correctly. The more knowledge and training we get about trading, the higher the success rate
for making a profit when trading is quite large. It's true as you said when we learned from trading platforms how to trade correctly, after that it will
not guarantee 100% profit, but of course the percentage to generate profit is much larger. Most importantly we must look for trading platforms that
are trusted and provide us with true knowledge and information, not mislead us.


Title: Re: Are trading platforms useful?
Post by: fauzan Ichsan on April 20, 2022, 08:25:09 AM
For me, such a platform can help to provide references so that we can analyze more deeply. for me the word no loss in trading, shows that he needs to learn a lot about trading and the risks, don't rely on the platform fully, because we will waste time if we don't want to learn. the best thing is to learn manually according to our abilities and we dig to produce good trading individuals, we have to be willing to process, don't just want something instant


Title: Re: Are trading platforms useful?
Post by: Odusko on April 20, 2022, 10:47:51 PM
Trading is a journey to me and jumping on trading tools by a newbie is not a good move to me I will advise the user first of all take their time to learn the basic skills in trading before adopting trading skills the sote you mention is very familiar with many experience traders on this forum but the best approach to it is to, first of all, build primary trading skills before adding artificial tools.


Title: Re: Are trading platforms useful?
Post by: Quidat on April 20, 2022, 11:38:00 PM
Trading platforms can certainly help us to generate better profits, although it doesn't guarantee 100% profit but I've tried several trading platforms and until now still use the platform that I think fits my needs.

Of course, if there are trading platforms that help us to improve our trading skills it will be very helpful. Sometimes we do have to take our time
to learn trading, so that we understand how to trade correctly. The more knowledge and training we get about trading, the higher the success rate
for making a profit when trading is quite large. It's true as you said when we learned from trading platforms how to trade correctly, after that it will
not guarantee 100% profit, but of course the percentage to generate profit is much larger. Most importantly we must look for trading platforms that
are trusted and provide us with true knowledge and information, not mislead us.
If you are eager to learn up trading then it would really be just understandable that you would need to exert some effort and engagement before you could really learn up everything.
There are indeed trading platforms which does have demo trading where you could really make out some familiarizations and learning about trading.
Of course they are useful and considering that these are the primary places on where you could make out your trades in the first place.


Title: Re: Are trading platforms useful?
Post by: zaesvlas on April 21, 2022, 01:37:04 PM
I don't see anything wrong with them. More importantly - to find a reliable platform for work, with which there will be no problems in the process of work.


Title: Re: Are trading platforms useful?
Post by: topman21 on April 21, 2022, 06:07:33 PM
NewsCrypto is not a trading platform but a means of trading news. Trading platforms allow people to understand or follow different mediums for trading. Here if NewsCrypto is a good news channel Very good for newcomers. Newcomers lose their funds only because of wrong analysis. I would say it would be very good for newcomers if there is any good direction.


Title: Re: Are trading platforms useful?
Post by: tygeade on April 21, 2022, 06:48:30 PM
I think tradingview is pretty good to use. I use it and some tools are very useful for beginners.
then the platform the OP is talking about. does it lead to a trading robot? which means we leave the decision of the money we use to trade to third parties? I think it's highly discouraged. too big a risk.
for a beginner, of course, a simple tool that can increase our knowledge and skills in trading will be very good than a platform that promises profits without risk.
Tradingview is actually quite magnificent if you know how to use it. I am not saying that there are very few people who know how to use it, but there are way too many people who do not know how to use it and still use it and think that they know what they are doing.

Just because you are using it, doesn't mean you know how any of it works, it makes people overconfident on their analysis and even though they made a mistake, they think they are using it correctly and invest with confidence and then lose it. Before starting to use tradingview, there are many classes that teach people how they should be approaching it, everyone should take at least one of those classes.


Title: Re: Are trading platforms useful?
Post by: SirLancelot on April 25, 2022, 04:33:16 PM
NewsCrypto is not a trading platform but a means of trading news. Trading platforms allow people to understand or follow different mediums for trading. Here if NewsCrypto is a good news channel Very good for newcomers. Newcomers lose their funds only because of wrong analysis. I would say it would be very good for newcomers if there is any good direction.
It’s important to read news so that you will get to know what is happening in the market, and it also helps your trading. But, news alone is not what is going to make anyone a successful trader.

Anyone who wants to be a successful trader must put in the hard work that is required for them to get to that level of being successful in the cryptocurrency trading market. They need to learn how to do technical analysis, and like I said the news would also be helpful in making some decisions while trading as well. So, all these things they all have to come together and contribute to whatever we are doing in the market.


Title: Re: Are trading platforms useful?
Post by: iged_war on April 25, 2022, 05:19:41 PM
Trading platform was main tools that used to analize market , it provide information that needed by traders to know the last update from market. traders will always use trading platform because many usefull tools here. for example to analize technical ,most of trading platform provide indicators indicators that used. maybe without trading platform , we will back to trading desk in few years ago.


Title: Re: Are trading platforms useful?
Post by: awik p on April 26, 2022, 05:35:53 AM
NewsCrypto is not a trading platform but a means of trading news. Trading platforms allow people to understand or follow different mediums for trading. Here if NewsCrypto is a good news channel Very good for newcomers. Newcomers lose their funds only because of wrong analysis. I would say it would be very good for newcomers if there is any good direction.
It’s important to read news so that you will get to know what is happening in the market, and it also helps your trading. But, news alone is not what is going to make anyone a successful trader.

Anyone who wants to be a successful trader must put in the hard work that is required for them to get to that level of being successful in the cryptocurrency trading market. They need to learn how to do technical analysis, and like I said the news would also be helpful in making some decisions while trading as well. So, all these things they all have to come together and contribute to whatever we are doing in the market.
Besides that, we must have good psychology, supported by technical analysis and fundamental analysis, it will be able to make us more responsive traders. therefore it is not easy to get rich from trading, it is a wrong mindset, and of course we have to invest in knowledge first, before we can enjoy the results of trading like all traders dream of. even though later it has been successful, always learning about the market must always be done in order to train our brains to always think logically


Title: Re: Are trading platforms useful?
Post by: Webetcoins on April 26, 2022, 04:26:50 PM
There is nothing like trading without loss. When you are trading in the market there is bound to be times that you experience losses. The thing is that with time you will always get better at what you are doing and when you become really good at it you wouldn't be losing as much as you did when you were still new to it.

So, my advice would be that you tell your friend to look more into learning about cryptocurrency trading. If he is able to learn how to trade then he would be good at it and would be making good amounts of profit. But if he keeps on looking for a platform that would act as a shield from losses, then there is nothing as such.


Title: Re: Are trading platforms useful?
Post by: LUCKMCFLY on May 01, 2022, 07:31:21 PM
I think tradingview is pretty good to use. I use it and some tools are very useful for beginners.
then the platform the OP is talking about. does it lead to a trading robot? which means we leave the decision of the money we use to trade to third parties? I think it's highly discouraged. too big a risk.
for a beginner, of course, a simple tool that can increase our knowledge and skills in trading will be very good than a platform that promises profits without risk.
Tradingview is actually quite magnificent if you know how to use it. I am not saying that there are very few people who know how to use it, but there are way too many people who do not know how to use it and still use it and think that they know what they are doing.

Just because you are using it, doesn't mean you know how any of it works, it makes people overconfident on their analysis and even though they made a mistake, they think they are using it correctly and invest with confidence and then lose it. Before starting to use tradingview, there are many classes that teach people how they should be approaching it, everyone should take at least one of those classes.
Tradingview is a very good and powerful tool, however I would also think of a platform that has the same benefits but in real time with pools of liquidity to temporalities and according to the type of Exchange, for me it is one of the best, because is more up-to-date and apart has the volume profile (of course it is already pay version) but I think it is a very powerful tool, maybe tradingview is much more friendly because it has quite community but as for the disposition it has to give relevant information it is much better, well at least for me I consider it that way.


Title: Re: Are trading platforms useful?
Post by: Markinzo on May 01, 2022, 09:40:41 PM
Hmm smiles...,  pls if you eventually discover a trading site I could invest into with a quarantee of no losses at all pls notify me ASAP.

The expectation of your friend shows he has no knowlege about trading at all, cause even the petty trader on the street understands what trading entails as far as loss and gain are concerned.

I'll advise you sit your friend and make it clear to him the rudiments of trading and what's involved. Cause any trading platform that should promise the you the  absence of no loss at all is just but scum.

By the way how is one gonna learn without losing, every good business ought not to be afraid of losses cause without loss there wouldn't be experience to build upon.

As a beginner I'll advise you don't get involved in a platform that promises profit without risk.
For the promise itself is too risky.


Title: Re: Are trading platforms useful?
Post by: abel1337 on May 01, 2022, 11:31:43 PM
Hmm smiles...,  pls if you eventually discover a trading site I could invest into with a quarantee of no losses at all pls notify me ASAP.

The expectation of your friend shows he has no knowlege about trading at all, cause even the petty trader on the street understands what trading entails as far as loss and gain are concerned.

I'll advise you sit your friend and make it clear to him the rudiments of trading and what's involved. Cause any trading platform that should promise the you the  absence of no loss at all is just but scum.

By the way how is one gonna learn without losing, every good business ought not to be afraid of losses cause without loss there wouldn't be experience to build upon.

As a beginner I'll advise you don't get involved in a platform that promises profit without risk.
For the promise itself is too risky.
Yeah, a trading site is there to let you trade, Trading doesn't guarantee no losses so basically there's no trading site that is risk free. Though if there is a website acting as a trading site and guarantee that there will be no loss during the trade, we can speculate that it is rather malicious or a scam website. A trading platform is a business and giving out money by letting people always win is an easy loss for the operator so it's impossible to find a trading site like this. 

Promotions and good tools on a trading site would be helpful like what OP tells, What matters now is the trust you give on that certain website.


Title: Re: Are trading platforms useful?
Post by: Bhig Daddy on May 02, 2022, 07:00:56 PM
I haven't actually introduced anyone into crypto currency, because I wont want anyone to look at me somehow when they lose their funds. You can't trade without lose no matter the tool you use, for a newbie to be thinking they don't want to make lose i think it best you let him be.


Title: Re: Are trading platforms useful?
Post by: Leebabe on June 09, 2022, 08:10:40 PM
They are useful in that they help in providing news feed to enable a trader to make thorough research before engaging in any activity. It at the same time brings about security enhancement


Title: Re: Are trading platforms useful?
Post by: bhooscream on June 09, 2022, 11:29:38 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss.
It is impossible. Even a professional trader will also experience any losses when trading. Because none can guarantee that the trading will always give profits. But in this case, the problem is how we can utilize every chance to get higher profits than losses every day so we can get more money every day. If there is such a tool that offers trading without any losses, I am sure that that is only bullshit.

Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?
Never, and I am not sure that the platform will also guarantee trading without losses. It seems to be very suspicious. For trading platforms, why not use top exchanges that have high reputations?


Title: Re: Are trading platforms useful?
Post by: boyptc on June 09, 2022, 11:50:33 PM
They are useful in that they help in providing news feed to enable a trader to make thorough research before engaging in any activity. It at the same time brings about security enhancement
This is for fundamental analysis. If it's all about the news then it's certainly is helpful if you're the type of trader with such tools or news you often use for checking what are the current news and updates in the crypto market.

But be aware that in trading, you're prone into losses whether you're a newbie or an expert. It's the reality that even trading experts are also losing based on what they do and how they look at the market. Because the market is sometimes unreadable, no matter how good your ta or fa is.


Title: Re: Are trading platforms useful?
Post by: monineklutak on June 10, 2022, 01:15:12 PM
of course very useful mate!, but there are many trading platforms in the crypto currency world,
of course we have to follow only the best, such as OKX, FTX, Bitfinex, Coinbase and of course Binance,
you will feel safe if you trade there, and stay away from new platform, because many have been scammed


Title: Re: Are trading platforms useful?
Post by: Zilon on June 10, 2022, 02:30:02 PM
I think starting with Newscrpto is cool and to avoid so much complexity sticking to one platform until the whole concept of crypto trading starts making sense to the ready is best. Most times i recommend  academy to some friends who wants to learn and i advice them to stick to it and watch Youtube videos where they feel confused.


Title: Re: Are trading platforms useful?
Post by: lixer on June 13, 2022, 01:49:20 PM
of course very useful mate!, but there are many trading platforms in the crypto currency world,
of course we have to follow only the best, such as OKX, FTX, Bitfinex, Coinbase and of course Binance,
you will feel safe if you trade there, and stay away from new platform, because many have been scammed
Those are quite important places and they are "useful" in the sense that they are allowing us to do what we want to do. However, they are not useful to make money, they are just there to help us do what we want. Think about it this way, if you have a math book, you are not a math genius, you just have a book that helps you understand it better, but you still need to study it.

IMO, exchanges and trading platforms are the books, you need to study them and learn to be better, they are there as tools that will help you, but you are still required to be willing to do all of it in order to keep it going for a long time.


Title: Re: Are trading platforms useful?
Post by: ReiMomo on June 13, 2022, 04:35:49 PM
of course very useful mate!, but there are many trading platforms in the crypto currency world,
of course we have to follow only the best, such as OKX, FTX, Bitfinex, Coinbase and of course Binance,
you will feel safe if you trade there, and stay away from new platform, because many have been scammed

Yah, we have very many good exchanges whom we can trust, trade and store our asset. Binance, Coinbase Bitfinex, Wazirx are best exchanges to begin with for new traders. There have been more scammers in crypto on exchanges, new token implements and etc. Its we who need to review the platform or the project and invest / use the platform. All those who are new to this platform, kindly take time to research and get in. 


Title: Re: Are trading platforms useful?
Post by: SirLancelot on June 14, 2022, 08:49:06 PM
of course very useful mate!, but there are many trading platforms in the crypto currency world,
of course we have to follow only the best, such as OKX, FTX, Bitfinex, Coinbase and of course Binance,
you will feel safe if you trade there, and stay away from new platform, because many have been scammed
Yah, we have very many good exchanges whom we can trust, trade and store our asset. Binance, Coinbase Bitfinex, Wazirx are best exchanges to begin with for new traders. There have been more scammers in crypto on exchanges, new token implements and etc. Its we who need to review the platform or the project and invest / use the platform. All those who are new to this platform, kindly take time to research and get in. 
Unfortunately there are some low level exchanges which turn out to be a scam, but in crypto "low level" is still millions of dollars. What these exchanges do is they list coins and tokens that nobody else lists, the high level named exchanges that you mentioned do not list everything, so these low level ones have hundreds of coins and pairs that they list.

In return, they get a lot of customers piece by piece from each of them, maybe they do not make a lot of money but they have a lot of money on their hot and cold wallets thanks to this listing. After a while, they get so many people that they just say "we are hacked, sorry" and leave with the money.


Title: Re: Are trading platforms useful?
Post by: stomachgrowls on June 14, 2022, 08:59:32 PM
of course very useful mate!, but there are many trading platforms in the crypto currency world,
of course we have to follow only the best, such as OKX, FTX, Bitfinex, Coinbase and of course Binance,
you will feel safe if you trade there, and stay away from new platform, because many have been scammed
Yah, we have very many good exchanges whom we can trust, trade and store our asset. Binance, Coinbase Bitfinex, Wazirx are best exchanges to begin with for new traders. There have been more scammers in crypto on exchanges, new token implements and etc. Its we who need to review the platform or the project and invest / use the platform. All those who are new to this platform, kindly take time to research and get in.  
Unfortunately there are some low level exchanges which turn out to be a scam, but in crypto "low level" is still millions of dollars. What these exchanges do is they list coins and tokens that nobody else lists, the high level named exchanges that you mentioned do not list everything, so these low level ones have hundreds of coins and pairs that they list.

In return, they get a lot of customers piece by piece from each of them, maybe they do not make a lot of money but they have a lot of money on their hot and cold wallets thanks to this listing. After a while, they get so many people that they just say "we are hacked, sorry" and leave with the money.
"Research is the key"

If you do make yourself put up some effort and time at least then you wont really be putting yourself into danger since you do know that its sensible that you should stick with reputable or known ones
rather than risking yourself on using up new platforms which their reputation arent established yet but its not bad to have some consideration since everything do start on being a noob or new into
the market.

In general sense on why would people would be still looking for something if the current ones they are dealing with does have already all the qualities
and functionality that you are waiting for?


Title: Re: Are trading platforms useful?
Post by: Xampeuu on June 15, 2022, 07:37:06 AM
of course very useful mate!, but there are many trading platforms in the crypto currency world,
of course we have to follow only the best, such as OKX, FTX, Bitfinex, Coinbase and of course Binance,
you will feel safe if you trade there, and stay away from new platform, because many have been scammed
Yah, we have very many good exchanges whom we can trust, trade and store our asset. Binance, Coinbase Bitfinex, Wazirx are best exchanges to begin with for new traders. There have been more scammers in crypto on exchanges, new token implements and etc. Its we who need to review the platform or the project and invest / use the platform. All those who are new to this platform, kindly take time to research and get in. 
Unfortunately there are some low level exchanges which turn out to be a scam, but in crypto "low level" is still millions of dollars. What these exchanges do is they list coins and tokens that nobody else lists, the high level named exchanges that you mentioned do not list everything, so these low level ones have hundreds of coins and pairs that they list.

In return, they get a lot of customers piece by piece from each of them, maybe they do not make a lot of money but they have a lot of money on their hot and cold wallets thanks to this listing. After a while, they get so many people that they just say "we are hacked, sorry" and leave with the money.
things like that should be avoided, there are many examples that can be learned from. this will be different if we choose a trusted exchange like binance, a hacking incident has occurred, and binance returns all consumer losses, so that this exchange is increasingly well known and trusted by everyone, so it would be better for beginners to use this kind of exchange, than the exchange that low level in the end lose money because they state a scam


Title: Re: Are trading platforms useful?
Post by: sumant on June 15, 2022, 09:07:30 AM
If we look at trading platforms all are not useful some of them are absolutely scam but some are very unique and helpful like binance and kucoin are such a big platform, they are giving a best platform for trading as well many promotions to make some extra money along with trading. We can not trust all trading platform. Some of them is just come to scam all traders money and gone away so be an experienced trader to gain good things from these platforms.


Title: Re: Are trading platforms useful?
Post by: Sebas.tian on June 16, 2022, 06:25:41 AM
Quote
of course very useful mate!, but there are many trading platforms in the crypto currency world,
of course we have to follow only the best, such as OKX, FTX, Bitfinex, Coinbase and of course Binance,
you will feel safe if you trade there, and stay away from new platform, because many have been scammed

Yes, those platform you just listed here are very useful to traders who are ready to learn and to become a professional trader in future. Many successful traders you see around the community learnt a lot from those platform that made them to stop losing profits in crypto market than to always embrace profits all the time in the market. I think, new platform are not good for newbies to start trading because some of the new platform are scam but the platform will look good from the beginning but at the end it will hurt you not to smile.


Title: Re: Are trading platforms useful?
Post by: Smitty Werben Man Jensen on June 16, 2022, 08:37:35 AM
of course very useful mate!, but there are many trading platforms in the crypto currency world,
of course we have to follow only the best, such as OKX, FTX, Bitfinex, Coinbase and of course Binance,
you will feel safe if you trade there, and stay away from new platform, because many have been scammed
Yah, we have very many good exchanges whom we can trust, trade and store our asset. Binance, Coinbase Bitfinex, Wazirx are best exchanges to begin with for new traders. There have been more scammers in crypto on exchanges, new token implements and etc. Its we who need to review the platform or the project and invest / use the platform. All those who are new to this platform, kindly take time to research and get in. 
Unfortunately there are some low level exchanges which turn out to be a scam, but in crypto "low level" is still millions of dollars. What these exchanges do is they list coins and tokens that nobody else lists, the high level named exchanges that you mentioned do not list everything, so these low level ones have hundreds of coins and pairs that they list.

In return, they get a lot of customers piece by piece from each of them, maybe they do not make a lot of money but they have a lot of money on their hot and cold wallets thanks to this listing. After a while, they get so many people that they just say "we are hacked, sorry" and leave with the money.
things like that should be avoided, there are many examples that can be learned from. this will be different if we choose a trusted exchange like binance, a hacking incident has occurred, and binance returns all consumer losses, so that this exchange is increasingly well known and trusted by everyone, so it would be better for beginners to use this kind of exchange, than the exchange that low level in the end lose money because they state a scam
Exchanges like Binance certainly don't need to be doubted because they are trusted,
it is very important to choose the right exchange so that such a thing does not happen,
better choose a popular and trusted exchange


Title: Re: Are trading platforms useful?
Post by: goldkingcoiner on June 16, 2022, 01:17:44 PM
Recently, my friend asked me to advise him on platforms that would help newbies to the crypto to start trading and not go at a loss. I haven't worked with such tools and this question baffled me. I started googling and came across several similar projects that help beginners in trading. Among them, the most attractive was the platform from Newscripto. After registration, I was provided with a set of tools that would suit users of any level, regardless of their knowledge. Surprised by the automatic charting tools that help beginners understand the basics of technical analysis, to advanced proprietary indicators for experienced traders. I think it will be much easier for my friend to get involved with this platform, and, to be honest, I think it will be useful for me to use its functions sometimes. Have you used the platform from Newscripto and what do you think about the platform assistants in crypto trading?

Are trading platforms useful? That really depends. Currently, they are very useful. But once decentralization and decentralized technology become better, we will see less and less of centralized trading platforms. Centralization goes against everything blockchain stands for. Its going a step back when everyone else is going a step forward.

But we still need a way to convert our fiat into crypto and a way to trade that crypto. The part where an exchange holds your funds is unnecessary, outdated and ends badly. Always.

The question is how do you make Defi changes for Bitcoin?


Title: Re: Are trading platforms useful?
Post by: Kadal Ijo on June 16, 2022, 03:05:50 PM
Trading platforms are tools to help us make decisions, what is Useful? For me Useful, I often use trading platforms to sell or buy and more often profit than loss, Daily Traders really need a trading platform tool, don't just rely on feeling because it is like gambling.


Title: Re: Are trading platforms useful?
Post by: lixer on June 16, 2022, 04:03:20 PM
If we look at trading platforms all are not useful some of them are absolutely scam but some are very unique and helpful like binance and kucoin are such a big platform, they are giving a best platform for trading as well many promotions to make some extra money along with trading. We can not trust all trading platform. Some of them is just come to scam all traders money and gone away so be an experienced trader to gain good things from these platforms.
When he says trading platforms, we can assume that he mean there is general. So, the answer would still be useful but if according to you then we need to be specific because not all of them are legit but yeah those scam platforms are not useful but they are only damaging the reputation of cryptocurrencies because when a normal people see the reports about a crypto exchange scamming millions and billions of dollars they will then think negatively and they won't have the motivation to try them. In fact it have happened many times already, I am talking about the hacks but despite of that, the adoption is still going smoothly fortunately.