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At first, I just rely on my intuition too much lol.
but now I rely on trading signal groups (twitter and telegram), and in my technical analysis (only if I see a strong pattern)
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As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.
Agreed, as what they always say "be a little less greedy", base on experience that statement really helps in my trades remember only few or those really luck enough sells on the peak of the breakout. set an entry and exit point. plan ahead! |
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Good day fellow trader, to start you need to study the following, Support and Resistance(very important), Candlestick reading, Chart (formations, patterns, structures), Technical Indicators. https://www.investopedia.com/ |
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Good day fellow traders, I'm not really good in technical analysis, but for a newbie should I just focus my trades in just one coin? your thoughts?
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At the moment, no. But in the future, might be. Bitcoin and cryptos in general has endless potential to grow, so someone might develop a crypto wallet, for easier,offline, and faster payment.
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I don't recommend though, why not use only one?Why make life hard? lol. You can use Binance, low fees, great volume.
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For me, you learn best through experience, if you don't want to take risk first since (if) you're a newbie , you can use a trading simulator.
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Good day, about ico rating/listing sites, are they legit? do they evaluate truthfully? do they really have have experts? or they rate an ICO depending on their payment to them?  |
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Good day fellow investors, let us help each other. Please put below your top 5 ICOs at the moment, ( I prefer rated ICOs )
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Yes of course, but don't expect that you will earn exact 1% a day, it can be higher than 1 or lower, but don't be discouraged if you lose, be sure to learn from your mistakes. Good luck!
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Your profit depends on your capital, "the greater the risk the greater the reward" just be sure to invest what you can afford to lose.
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Good news for now, the altcoins and bitcoin is recovering from the blood bath market, make sure to grab some profit. and to those people who said crypto is dead they must be regretting by now. lol
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For me, yes. I'm switching to longer term trades now, but I can't tell yet that it is better than shot term trades. just a tip, be versatile.
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I agree to Binance being the top 1 exchange, lowest withdrawal fee and trading fee specially if you use BNB(binance coin) 50%!!! also the volume their is great, and lastly one of the safest exchange.
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how does trading simulator works? should I try it before doing real trades? does it really improve my trading skills? If it does really help where should I try it
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Yes it might and also it might not, just a tip do some research and try trading simulator (search in google) and evaluate yourself if trading is for you, because trading is not easy, you are risking your money, so trade wisely.
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I prefer Etherium, well if you support centralization, choose ripple, but base on my research ripple have so many negative news. it's your money so invest wisely!
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