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Author Topic: how improve trading  (Read 8807 times)
Digitalbitcoin
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October 14, 2017, 06:19:15 AM
 #221

Trading is far oldest business of this globe since human shut down barter system. Trading means buy and selling. Now things may different in trading but while trading, trader must have proper knowledge for judging market according to current affairs, events, news which may impact on market.

Now here in Bitcointalk we are talking for altcoin trading. And altcoin trading is quite different market, trader must have to spend certain time to understand market conditions and movements.

Few things about altcoins have to consider while trading :

Total Market Supply
Current Market Supply
Whether coin is PoW/PoS
Share in Marketcap
Trade Volume

Understanding above mentioned factor on can give more confidence while trading.
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October 14, 2017, 06:43:21 AM
 #222

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

trading really it is one of the greatest business in the world. first you have to search in google it can gives you more suggestions compare to people. then you got one idea about trading. next ask few people who can doing already trading. then you get idea about trading. really trading is good for earning profit.but in this also some times getting losses so carefully we have to deal with this.

Trading is one of the best bussiness you can do because you are the boss you don't have to work under someone.But the risk factor is also more in trading you can ear profits as well sometimes you gonna lose something from your capital.
But there are many steps to increase your trading quality.First of all you need to define your own goals because if you have know the destination where you gonna reach.And don't copy other people method try to find your own way.And be a full time full time trader and always available for the customers if you doing like that your trust level also increases and more deals will come to you.And always be focused on your trading.

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October 14, 2017, 07:06:54 AM
 #223

Learn from your experience and also do not invest your bitcoin kan kesitus ponzi scheme. Trade must use strategy and patience. To learn to analyze the market. You can get to babypips. com

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October 14, 2017, 07:14:15 AM
 #224

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

Read some thread in trading discussion https://bitcointalk.org/index.php?board=8.0 . This can help you improve your trading skills.
Trading altcoins is very risky especially when you trading a random shitcoins. It is like gambling that theres a chance that you can lose some of your money when luck is not in your favor.

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October 14, 2017, 07:52:50 AM
 #225

Loses in trading is also part of your way to becoming a professional trader. You need to gather a lot of personal information about trade for you to trade successful. Trading is a venture of skills and intelligent and for you to develop your skills you must  be ready to learn for a very long time. For now we don't have a free practice software not as we have in forex and stocks in altcoins trading but you can take a risk by deposit few satoshi in trading exchangers platforms and start to demo until you can really shows good profit and from then you can now invest really good or big money.
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October 14, 2017, 08:12:22 AM
 #226

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

much better u have a community group or join the group trading discussion to helping you and advice what would u do about the midle of crypto market and read about the news what happen the altcoin and bitcoin. Remember altcoin will follow always the bitcoin price if u want to explore in a market just read and learn the jappanesse candle stick to guide and pattern when u enter in the market and when u exit to closed ur orders.
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October 14, 2017, 08:23:56 AM
 #227

Good topic. I think, since Bitcoin is now being more popular and gaining more traders, users and investors, it is time to improve the system when trading. First is the trading cost. Different Bitcoin trading companies may have different fees especially if it is per country. I think the fee should be standard since it is in virtual currency of Bitcoin.

Also another is to improve the system by making the trading activitit faster. To be instant if possible. Because the Bitcoin price is very volatile and if it takes some time to trade, prices will change already after the trade had completed.
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October 14, 2017, 08:42:55 AM
 #228

Trading in crypto is 50% skill and 50% psychology/emotion. You may have the best trade analysis and the perfect signal for buying a coin but it doesn't mean you could win 100% in your trade. We are in a purely speculative stage in Cryptocurrency as most altcoins are still idea and yet to deliver a product. One bad news and your current trade position would suddenly be in a -20% loss. This is where the psychology/emotion part comes in. Seeing your holdings dump a lot would certainly trigger you to sell at a loss, when indeed you could have just HODL'ed as the market will recover soon enough. What I can suggest is to do cost averaging by buying more from the dip, and take a break, stay away from your screen and get back only when you feel confident again in your holdings.

And one more thing, never go too long in holding shitcoins! You don't want to be left holding a ton of worthless coins. Always DYOR before executing your trade, prepare yourself mentally and only trade money that you can afford to lose. Hope this helps Smiley

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October 14, 2017, 12:00:45 PM
 #229

Well, trading of altcoin is almost the same as gambling because if someone don't have the require skill and don't know the right to loop some crest in the trading chart such person will loose his/her money just like that. So, it best to always put into consideration the past history of coin, volume and number of exchange where you can find the altcoin before making a trade.
You are very right with putting the past history of coins into consideration. However, sometimes, you just have to be smart to make quick good decisions as even the ones with good history might still mess your activity up. Also, trading is something you can minimize the risk of losing once you are good at the profession compared to gambling. With gambling, you are just at the mercy of the house edge.
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October 14, 2017, 04:12:21 PM
 #230

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

You can read a lot of topics here in trading discussion that can help you a better trader but I am not saying you have to believe everyone says here because there are other that are just trolling. Just make what you read here as a reference, you can also use google and research what exactly you want to know about trading you can find everything you need in the internet.
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October 14, 2017, 07:04:32 PM
 #231

in my experience, we can improve trading by keeping practice and read for many tutorial that is available on many source. we need to learn more about charting, analyze the price up and down, determine which coins will give us good profit and else. without learning we can not increase or improve the trading. there is no time to stop from learning by doing.

The best way to improve your trading skills by learn from your own mistake.If you lose your bitcoin at once try to understand deeply why that was happened and next ti.e you have to overcome that mistake.
In the beginning try to do small level trading don't go for big amounts once your get familiar with it than you can go and rock it.
Mistakes are definitely bound to happen, there is no two ways about that. Even if you have learnt some things, you will still get something pretty mixed up eventually. However, these mistakes will help us to learn and make the best decisions later on if such scenarios end up occurring.

It is even a big mistake on its own for someone who is just planning to practice after learning to go in with a big amount. Trading with small amount is what eventually brings the confidence to make good decisions with bigger amount.

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October 14, 2017, 07:37:00 PM
 #232

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

I am improving my trading skills by watching video on youtube, reading some trading related blog and I'm following 3 people who are the successful trader. And I also try to trade daily. Because some fo trading Guru said to me that day trade improve trading skills.
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October 14, 2017, 07:46:27 PM
 #233

If you want to improve your trading skills and knowledge you need to read , watch video and visit trading thread and for sure if you do that you will get a lot of information and knowledge about trading and thats helps to you preventing lose because you have knowldege. You can get some tips and strategy in the trader who are expert . You need patience in trading to earn . Goodluck I hope you will earn next time you trade.
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October 15, 2017, 04:27:00 AM
 #234

Increasing trading is not something you get instantly, if you want to increase your trading you should read and analyze to train your skills, that way you will get used to and learn from mistakes to make better decisions in trading

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October 15, 2017, 05:47:18 AM
 #235

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

You can read a lot of topics here in trading discussion that can help you a better trader but I am not saying you have to believe everyone says here because there are other that are just trolling. Just make what you read here as a reference, you can also use google and research what exactly you want to know about trading you can find everything you need in the internet.

There is a lot of different articles out there that you can read but the best information that you can get is here in this forum. Look for trading thread's where experienced traders are exchanging their thoughts about the circulation of market.

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October 15, 2017, 07:01:53 AM
 #236

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this

First you have to learn how to analyze the market.There are 3 types analysis you can do.
Technical,fundamental and sentiment analysis.Technical analysis is studying the charts and past market data, primarily price and volume.
Fundamental is looking at the economy,politics and various statements which can affect the price.
And sentiment is analyzing people's thoughts and opinions in order to form the sentiment of the market.
When you learn how to do these 3 things to determine which way the market is heading,it will be much easier for you to do successful trades.
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October 15, 2017, 07:25:07 AM
 #237

I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this
It is a learning process, I have a principle of learning from failure, you need information about altcoin markets, try to browse or join groups that provide information about cryptocurrency.

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October 15, 2017, 09:03:06 AM
 #238

Cryptocurrency trading is not like stock market trading.
The main principle of trading is the purchase of a certain asset, when the price is low, and then the sale,
when the price is higher, its a very simple thing,
but it takes time and patience and understanding of the graphs. Without analyzing any asset, you can immediately go into negative. Angry
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October 15, 2017, 11:55:00 AM
 #239

There are many things that person needs to know before he or she starts trading Bitcoin or altcoin. First you need to learn what make price go up and down. Second, you need to follow worlds happening, because that will have impact on price also. When trading Bitcoin for some altcoin I would always check price of that altcoin and how often does it fluctuate. According to that you will know how much that coin is worth, and is that a good thing for you. Always look for your needs in first place.
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October 15, 2017, 01:23:37 PM
 #240

You can improve your trading by your knowledge and your skills.I suggests you to get more knowledge about the trading from Google and YouTube and many crypto sites that you can improve your skills.And also there are many articles you can read it.And for improve your skills I suggest you to start trading at very less price like 20$-30$ so you  will get more experience.Try the bittrex for trading.
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