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Yeah, exchanges plays vital role in trader's success particularly ensuring healthy liquidity for better trading experience. BTW is that your current team or are you joining the team?
No not mine, but I'm considering entering as a team. I found out the chances and rewards are higher entering as a team, i could also secure more as the team captain
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So, I was wondering how you do trading?
1. Which exchanges you use and why?
2. Proces... so first you screen the coins, how? You get signals from somewhere? Where? Telegram groups? Is it reliable? You pay? After screening the coins then proceed to technical analysis or chart analysis? You do daily trading, scalping, swing... what is your method and why?
Thanks for answers.
Hello, to choose an exchange, you'll need one with low fees and ample liquidity, plus access to a good variety of coins to trade. Bitget fulfills these criteria for me but sometime I also explore other top 5 centralized exchange particularly if the coin I want to trade isn't available on my preferred exchange. As for the second question, I check the volume profile of coins within the past 24 hours. Then, I proceed to Coingecko/CMC to see if there's any news related to the one that gets my interest. I'm more of a daily trader because I don't have the patience for swings, ahah. Therefore, I use the 1-hour to 15-minute timeframe for analysis. P.S. Relying on signals can slow your development as a trader. Remember to DYOR. Exchanges play a vital role in deciding the level of success a trader reaches, so it's important to be selective and be clear on the criteria they must meet for you. I understand your chioce of exchange since they meet your criteria, interestingly I found this event ongoing on the exchange, https://www.bgportable.com/en/events/kcgi/spot?teamId=1409&uuid=8481325457&clacCode=TXHH78Y7 KCGI trading competition one of the top trading competitions in 2023
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