Every platform is aimed to yield profits and trading platform is one of the best platforms to invest and gain turn over. We do have experienced traders here. Few love to start trading after their research here. What are the things you would advice a new trader to focus on? How should one go about when beginning his / her trading?
Learn about basic knowledge and money management, disciplines and focus to fix your strategy. Up and down is reality and from there we can find opportunity create income with realistic target. Most people only focus with their profit but never from their mistakes, don't do that.
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I believe there many things we all need to understand when it comes to trading.
We all aim to get profit while trading and it turn out for some to be so and to some the other way ( lost), then I realize that there many basic rules that we don't put in to consideration which lead so many of trader in lost today.
Some choose to be a day trader and some long time , which I think are both good but different rules apply to both , in day trading you have to be active ad devote your time to do this in other not to loss your investment but in long time, all you need to do is to know when the token fall ad enter at the bottom to sell high which only require little of your time to check and set your stop lost to curb your lost .
But basically many dwell so much on holding, which I believe is good too but there rules that guide holding too while some say you sell and move on or buy another token or may be rebuy at the bottom , but many still sell and regret selling while some hold and regret holding too , which has made me realized that there is always a time to sell and time to hold.
Firstly, we need to understand some basic things in technical analysis which I think is good for trading and backup with fundamental analysis and don't forget that we have big boys too in the market , that manipulate price to their favour.
Secondly, don't have any romance with any coin , all are good only when it gives you profit ,so there is time to sell and time to buy ,with support of your technical analysis and you can rebuy again when it dip to get some more token.
I think this bear market is best time for long term investors to buy some token as little as $50 on like 5-10 coins or even 2 or 1 just as your capacity is and wait patiently for the time ,also make sure it's a good and potential token because many are out there as a scam .
Day trader have their choice to follow any of the tools to know when to get in or out by using 1h, 4h or 1d chart to determine their target but will be cool if their daily target are like 3-5% which I think is achievable on daily basis and don't always forget to set your stop lost.
I think this will help a little way for those that are new to crypto and I will like more people that know little or more on how to be a successful trader to add some advice for newbies to learn ,
That is the basic knowledge about trading and I believe we already know that but how we handle emotion or keep disciplines with our rules is important. Many people can show their theory but in field they are loser. Your calculation is good and keep up date your information for us.
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Hey everybody I want to share my trading experience with these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-3% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. I will suggest you first start with small trades until you become more knowledgeable and calm. As long you still get profit and increase your skill, every way you use is fine. Sharing experience and take lesson from others is good step even not many more people do that because they have faith people opinion can change his decision. Keep study and never forget about your stop loss, many people ignore this fitur for bigger profit. Wrong step and can make you loss.
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I think that many who have not used the "drawdown" of the cryptocurrency market and have not invested in it, will regret it when the market starts to grow again by the end of the year! I think that the current dynamics of the market, when it significantly "sags" from the beginning of the year in relation to the January highs, does not stand out from a number of conventional cyclical phenomena. I see that the cryptocurrency market is cyclical, and, despite the current decline in the market relative to January, if you look in relation to last year, we see the growth of the market! And what do you think, you too, as I see the prospects in the development of the crypto-currency market or think it is a collapse?
If they have big money to do martiangle money management and patience, they will not regret to invest in crypto market. But invest atthis moment is very risky and maybe big lost will be ours. Invest/ trade need more than faith, calculation and back up plan also needed. Keep hunting and good luck to you.
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Bounty program or ICO project can't reach the target is just because developer team doesn't have enough preparation to face members problem and market risk. Have good concept, clearly roadmap and many bonuses will not guarantee will have great result. As crypto lovers we only can follow but decide what the best for ICO/ bounty is developer.
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Looking to get into crypto trading and I'm curious what tools do you use for technical analysis?
I only use technical analysis to create strategy day after day, never use fundamental analysis. MACD, MA and SO is my technical combination but always use long term period to calculate my stop loss and take profit area. Even not always have big profit but learn about market works is fun and make me smart.
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I think that in 2019 ICO will be still alive, ICO investors will be smarter and only join good ICO. No more lands for bad and scam ICO. 2018 is not a good year for investors because most of token dumped below ICO price. Do you think 2019 is a good year for ICO and all tokens pump after ICO like it was in 2017?
I have the same opinion about ICO project 2019, keep standing with modification of course. Built ICO is easy but survive is very hard and need powerful system, experience team and bigger audiences than ever. Even crypto have bad price this moment but I see many project still comes up, this is good sign crypto market will survive.
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Be thirsty for knowledge. Blockchain technology and crypto trade are new spheres when compared to mainstream industries and much is in development right now. Knowing more will increase your success chances, build up your trading portfolio but also the quality of analysis you do on daily basis. Investigate things that have nothing to do with trading but can help you understand the market better. Each day there are exciting discoveries that can change the face of the crypto world drastically. Understanding them will help you develop your own strategy, design more effective analysis, and generally improve your trading skills. PS: For trade-only education, visit our website, https://www.cryptocointrade.com. You may find an interesting thing or two while reading our articles. And it is completely for free, so no losses on anyone's side Knowledge is basic thing you should have before do something, it will help you know the field. My teacher said knowledge is like hat, it will protect you from the sun and give you prestige. Have knowledge combine with practice will create better person, reach the target is not impossible. Never give to learn and practice, see you next time bro.
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Members of the LXDX leadership are in London this week, by invitation from Aon, meeting with underwriters to discuss insurance policy details and coverage options for our cryptocurrency exchange platform. But what I want to know is, does exchange insurance matter to you? Especially if an exchange utilizes multisig cold storage, does the extra insurance give you a compelling reason to utilize that exchange (all other variables being equal)? Our high-level thoughts: https://medium.com/lxdx/aon-the-global-insurance-broker-hosts-lxdx-leadership-in-london-35c1ce8c9351 ) I think as long can protect and help each other, it will be fine. Today many company, countries or investor try new way to built their business. They create many ways using technology to support their vision, look the future but learn from the past. As audiences I can see when system already built and if just only news, I can't say nothing.
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Most of altcoins are down with this market. So many experts and news say BITCOIN will go up in this year end. I think if Bitcoin goes up, other alternative coins are going up. So is my point true, What are the best coins to buy with this low prices.. Or Isn't this the time for buy coins?
See the market and cancel any activity because condition is not good, trust me. Everyday market go down in all coins and we can't do nothing about it, enter the market will give you loss. I hope you can see the realistic thing than image will have profit in big number, think again.
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Hello, I am newbie in trading. I start trading for make some profit Would it be possible to make 10% of your capital every day?
This would be 300% in a month, this is a lot.
It really comes to your capital:
If I invest 200$ and 10% of 200 would be come 20$ daily and one month come 600$ ...
If I trying hard daily profit 10% huge profit come in one month
Quantity asset not always become guarantee can give you profit in high quality. Profit depend many aspect, such as market condition, strategy and disciplines. That factor will bring you profit but 10% daily is not realistic. If you want that high take investment method and use long term period as your calculation.
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Is there something I can do with my tokens? I mean buy or trade my BTC’s for something real. Guys, if any of you know any such live/upcoming projects do let me know here thanks!
You can buy or trade use your asset, find the product and do that. I think trade/ invest/ buy/ sell using BTC is real not mystic, find that information at search engine. You can do many things with BTC, slowly market it doesn't mean everything will have negative result. I don't suggest join project at this time, market situation is not good.
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Social media is a good source for learning on how to use strategies and at what time. Just keep in mind that many traders offer their advice for a particular situation in a particular time. You should design your own tactics, at your own pace. There is no guarantee that everything you see in these guides will work out for you the same way it did for posters. Keep learning, trade, and draw your own conclusions. https://www.cryptocointrade.comSocial media is just tools to promote and get audiences fast with low fees. But as audiences we should have knowledge and right sources before decide to follow or join something on social media. I agree with not all information is right on social media but use social media on the right track is better.
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Hi Guys,
For active traders who are monitoring the charts daily for long hours, I am curious to know what you do when you see a coin rising swiftly. Do you jump on the wagon immediately, wait for a pullback or just watch it go and crash and be happy you didn't get lured into it?
I'll catch it after listing on exchange or ICO event, meaning I only see from the moment not price. Most people will not agree with me but this is my choice because last day I use price and get dump. I don't want repeat my mistake again, so change strategy is better. Hope my decision is right and good luck to you.
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Not so long ago I got known that there is the rule 90/90/90 which means that 90% retail traders lose 90% of their deposited margin $ within 90 days. I am wondering to get to know your opinions, experience and observations to figure out whether the rule works or do not work. What about my opinion, I guess it is really true because every retail trader, whom I knew, lost money on margin trading with various assets (Forex, futures, CFDs).
That's fact and we already knows that as reality. Maybe they don't have enough preparation and psychology when enter the market or they get wrong analyze/signal and still believe will get income at this moment. That's why basic knowledge and practice needed, don't ignore it. Dream is fine but start with wrong step will lost your asset.
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The price of Etherum has now shown a very good price stability and therefore it can be seen from Etherum's price movements that have started to increase. Now many people are starting to re-use crypto and this also has an impact on price movements experienced by most other altcoins. I am optimistic when Etherum prices can increase then automatically the other coin prices will start to move very positively.
If this can be maintained it is not impossible that Etherum prices can reach fantastic value and can even exceed 500USD by the end of 2018.
I still wait to buy back again, for me this is not the right sign to enter market. Even the price look's good to buy but I'm sure it will go down next week, I believe if see bitcoin rise others will follow not eth. My strategy and mindset is different than you but let's see what happen next and never lost faith with crypto.
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I’ve just let this post in the Bounty thread of the REMCO campaign https://bitcointalk.org/index.php?topic=4989188.msg45033426#msg45033426Guys, I can understand the Bountys asking for a KYC now, why not after all...
But your spreadsheet is PUBLIC! It is an extraordinary database for hackers with real identity associations and full of information For bounty hunter security, pass this table in private access!
It’s me or it’s really scary ?? That is the rules and we should follow if want get pay, don't like just leave it. KYC is simple and also have risk public will know our identity, if you scare about this like me just go and find another one with out KYC. Don't think hard about this just focus to make money and increase our skill about crypto is better.
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Krown is a blockchain media company. Krown aims to become the largest blockchain media in existence. We are not confined to a single office building. We are decentralized. All of our journalists are spread across the globe, publishing the latest blockchain news wherever it may occur. The decentralized nature of Krown allows our journalist base to flexibly expand while being more immutable to local politics. Decentralize News. ( https://krown.io) News is good to increase our knowledge and also can be use to decides basic data for analyze market. Very good idea even today there's a lot of service with the same concept and performance. For people who want to know crypto activity, please start with this one. Learn, practice, face the risk and enjoy the journey.
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