Good ways to trade?

[Godday]

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

Just buy, hold, cut losses and sell. There is no such thing as a good way to trade crypto. Just like stock exchange. You just have to look at the good coins according to you through the trading volume or read their white paper.

[NNRR]

There is no such specific technical indicator but if you want to trade Crypto then you must be patient and understand the market sentiment otherwise you will never be able to profit from Crypto Crypto Market is very risky because Crypto Market flutter a lot.

[mdzahed134]

Basically, there are no special tips for trading cryptocurrencies. However, one of the things to watch out for in crypto trading is avoiding greed. Sometimes, market conditions are favorable to you, which makes it possible to win many trades. However, don't think it's time to make a lot of money and use all the capital for your next cryptocurrency business. The cryptocurrency market is the most dynamic market in the world which is changing every second. When you are on a long losing streak, stop and find out what caused the loss. Next, consider reinvesting trading funds to avoid blowing up your entire portfolio in an instant.

I think that for a newbie it would be better to just buy cryptocurrency first and hold it. I already wrote above about that. Good advice not to get greedy. But what should a newbie do if panic happens? In that case, the deposit can quickly split in half. Trading is a long way and having good and bad experiences. It is better to start by buying coins on the exchange and just holding it in your personal wallet. This is the real path to success.

Correct, i think there are no such good ways to trade for the Newbie which you advised. Because i see mostly Newbie traders are going to panic sell when they see price is going down, here is big mistakes they did and lost their money. So it can be good option, buy several top ranking coins for the long term, it’s definitely safe from daily trading.

[blockman]

Don't let yourself get confused and be patient.

Investors that are confused with the way they trade are the ones that are most likely new to this. They don't have an idea of how brutally many will get slaughtered on this market if they're not careful. As many traders have ways of winning trades, despite that, they can't skip the bad days of trading.

Try to buy at the lowest price and find projects that really create value

Yes, the trick is buying low and selling high but at most times this isn't being followed. And finding a project that's starting out, is not going to be an easy find. Many new projects are totally bound to its pit even if they haven't touched the market yet.

[Ahli38]

There is no such specific technical indicator but if you want to trade Crypto then you must be patient and understand the market sentiment otherwise you will never be able to profit from Crypto Crypto Market is very risky because Crypto Market flutter a lot.

Well it does. But it's not only market sentiment that we have to analyze (sentimental analysis) but other analyzes are also needed such as studying fundamentals (fundamental analysis) and also analysis to determine our position in the market such as when is a good point to enter and when is a good point to exit (Technical Analysis).

And these analyzes are sometimes used partially and sometimes all used depending on what type of trade is being made. whether it's quick trading (scalping) or more casual casual day trading or even medium term trading. The type of trading also determines what analysis is suitable for doing. several indicators also need to be mastered. such as basic indicators in viewing market sentiment (Fear and Greed indicators) and many more. Even for futures trading many more indicators that must be used. There are even indicators for sale that even cost around $1000USD to subscribe to. But it is only for experienced traders and not for beginners who don't even understand basic indicators.
So basically it is important to master all kinds of analysis before entering into trading.

[Streamixio]

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