Best trading tool for crypto

[Findingnemo]

I am not much like a statistical trader so I don't use much tools while trading other than the price charts,just assuming the market movements based on my own opinion and also I am using RSI,Bollinger bands,

[trickyriky]

and the worst part is this could be considered as a pyramid scheme the last one to buy would surely suffer.

It can only be assumed to be a pyramid if signal only comes for unestablished coin or I wouldn't buy a coin that is not decentralized and popular too.

yeah you right about that but for me i use the trading signal not for every given signal
so after they given signal in the channel i usually try to do my own research, so after i think that the signal is good enough then i bought and hodl for half day or 1 day

I also don't see something wrong with using signal from a telegram group or other group if you do your research and verification as you said.

Trading signals are used everywhere. Forex traders use them all the time, why cannot cryptocurrencies traders do it as well? However, you must understand that the final decision is taken only by you.

[sujonali1819]

Generally I am using the official chart of any exchange and it helps me a lot sometimes. And sometimes I don't understand what the charts predict . Then I try to use trading view. It also helped me very much. And I think trading view is better when you analysis a long germ chart of any crypto. And for short term official exchange chart is better IMO. Thanks

[Chinocshyp]

tradingview works perfectly for me. I personally think all the tools you need to become a professional crypto trader can be found on tradingview. As for me, I don't trade tokens that I don't find on tradingview. when a token is not on tradingview, it only means that there is not enough data for that token or tradingview does not have the API for the exchange that holds that token. hence, I simply assume that those tokens that are not listed on tradingview are not mature enough for me to trade and I tend to stay away from those tokens.

[rizkyhiw]

I also often use graphics as a market benchmark whether to be taken to a place where the trend occurs in a few moments with others, indeed the graph is very common and good for those who really understand it with not too many tools to trade Bitcoin, everything returns to taste each person about how to use the market and good momentum when the market fluctuates quickly, that's what I do without needing a lot of other equipment.

[bittraffic]

There are indicators in the exchanges, you just have to use the advance option and from there you can use the Moving averages, RSI and MacD. These tools aren't very much helpful to me but I guess this will help foresee what could happen if there are not fuds being spread. RSI seem to be best if scalpers.

[coinhunt]

I am so surprised that there is no charting tool yet in crypto you can work with. If you compare with fx, crypto charts are like child toys. I know we are still at a beginning but still, there is a lot of money there and curious how others read the charts?
I am only long in crypto just because I imagine what can happen if market cap go x10 only. I admit i made some trade, but only a part of my asset. I will stick to my fx strategy, I just found some nice strategy that works for me.
The only proper charting is on trading view for crypto. But not all coins and tokens there.
I hate that fx tools provide charting only from Mon-Fri.

Well, I know one good tool for crypto. It's not quite a charting one but informative, still, I think you can use it in your daily trading routines. It's CEX bot - https://t.me/CexIoInfoBot, and with its help, you can track the market situation and price movements of cryptos 24/7.

[Cryptostudio.info]

The best way to trade with crypto is using the Bitmex exchange I have been using it for over a year and I am fine, it allows levers up to 100 but I usually only use up to 10 attention with the Crypto never use levers too high

[Mehr Sher]

There are many quality Crypto Trading Tools out there so we just need to work towards making use of only the very best to be able to succeed. There is just no way we can move smoothly without having a quality way to work through and therefore, it should be amongst our top most priorities to ensure that we use tools that are entirely convinced about, as anything less is just going to make things unnecessarily difficult for us.

[DoublerHunter]

I had used a trading bot for my trading crypto as a trading tool last few months but now I temporarily stopped for being lack of financial support. For me, the best trading tool is trading bot, it takes more advantages when you have set when to sell and buy. You can still monitor them but by the help of trading bot, you did not keep monitoring 24 hours. Indicators might get wrong there's no perfect answer on that, so I won't consider as a tool.