alibaba93
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Activity: 294
Merit: 10
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April 27, 2018, 03:12:21 AM |
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There is no specific knowledge that you must only learn in understanding trading, you must learn how to appreciate everything about investing, from fundamental to technical analysis, as well as the psychology of the market, you must understand when will people are trying buy and sell coins. The best knowledge for crypto trading is you must understand how you profit from trading results, how to buy coins when the price is rather cheap and sells when the price is high, nahh from the price difference you get a profit
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Makrochain
Newbie
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Activity: 130
Merit: 0
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April 27, 2018, 03:20:15 AM |
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We should really keep an eye to this matter which we do mostly believe on this hypes when we do still new on trading field on where people do make such claims which aren't true and just purely hyping up a coin will really convinced you to buy such thing. All of those things written here in this thread is true but for mo most important thing in life is to share our knowledge to those people who are willing to learn but having a hard time learning about cryptocurrency
It should be knowing how to identify what's legit and what's not. Reading many threads on these forum gave me many ideas to filter those scammers. Imagine that if you got hyped in a coin and you go all in but you never knew that it's a scam from the start so having that knowledge is very helpful. A calm mind is the key to success in this risky profession of trading because it enables a person to take right decision on right time |
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Google+
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April 27, 2018, 04:02:55 AM
Last edit: April 27, 2018, 07:08:29 AM by Google+ |
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I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
knowledge on the need to be able to benefit very much from the play trading is you should be able to figure out the movement of the trading and you should be able to analyze the existing market conditions so that you can benefit in the world of trading. |
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umbara ardian
Sr. Member
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Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
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April 27, 2018, 07:05:32 AM |
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I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
According to my knowledge that there should be and who should have in the world of trading is that you should be able to read and analyze market conditions and the conditions of the existing graphs because if you can't read the two you'd be hard-pressed to get advantage. |
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apityeh71
Member
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Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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April 27, 2018, 08:28:31 AM |
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In my opinion is you should know and understand situation of market, when the market try to start bullish trend is times to buy it and hold for a few month and then if the price on overbougt and the price not possible more to going up that is times to sell. And to know which price should to buy and sell you have to know bit about technical analysis and fundamental analysis.
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mamarried
Member
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Activity: 260
Merit: 10
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April 27, 2018, 08:35:48 AM |
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In my opinion patience is one of the most needed thing if you are going to trade, patience and keeping calm, lol
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bizarro
Member
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Activity: 291
Merit: 10
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April 27, 2018, 08:48:22 AM |
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One way is to learn before trade, second way is to trade before learn, but the best way is to trade and to learn at the same time.
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Xardasim
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April 27, 2018, 01:02:17 PM |
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I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
Of course, you should know economic knowledge, if you want to know deeply about trading. Then you should research this forum, so, bitcointalk can help you for any information about cryptocurrency. Except that, bear in mind before investing money to any coin, you should not invest the money which make you be in trouble in the future and you need to know all information related to the coin you buy. |
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akminer
Newbie
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Activity: 68
Merit: 0
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April 27, 2018, 01:07:58 PM |
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With crypto market you don't need too much technical knowledge such as stocks or Forex. My opinion is that in crypto trading the most important thing is to stay up to date on all the news that are sourrounding the coin you are trading and of course the whole cryptospace.
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justspare
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April 28, 2018, 09:50:02 AM |
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In my opinion patience is one of the most needed thing if you are going to trade, patience and keeping calm, lol
Patience is considered as golden aspect of a trader. If someone is intending to go for trading but he doesn’t have tendency to control his mind and emptions, he will be encountering loss everywhere. Traders must adopt this trait because this trading is all about taking decisions at multiple times, multiple difference conditions and situations so being patient is tremendous additions to good results. |
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maloibtc
Member
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Activity: 322
Merit: 10
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April 28, 2018, 09:53:35 AM |
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Learning the basics is a must for trading. To accept loss of the amount that is not essential for you is psychologically much easier than with the loss of a significant amount of funds. That's why professionals recommend using only those means for trading, the loss of which will not be critical
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SadEmo
Newbie
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Activity: 154
Merit: 0
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April 28, 2018, 11:06:01 AM |
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You can use anything you want and i can't highlight something important, to be honest. Everything can work and can be useful so people just need to trade and learn from mistakes.
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--DarkSecrets--
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April 28, 2018, 11:13:49 AM |
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In my opinion patience is one of the most needed thing if you are going to trade, patience and keeping calm, lol
Patience is considered as golden aspect of a trader. If someone is intending to go for trading but he doesn’t have tendency to control his mind and emptions, he will be encountering loss everywhere. Traders must adopt this trait because this trading is all about taking decisions at multiple times, multiple difference conditions and situations so being patient is tremendous additions to good results. It is really what a trader needs and some additional aspects to have. A good things to be learned by your own is technical analysis and fundamental analysis thats comes from your initiatives to learn this knowledge. If you have this with patience you will get the best result in crypto trading. |
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HaroldFinch
Newbie
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Activity: 99
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April 28, 2018, 12:15:17 PM |
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Most people don't try to get into technical issues, just like I do myself. That takes too much time and doesn't bring much results. Still basic knowledge and understanding of econimics/business is required.
For cryptos you have to find reliable sources of information, make analysis, and then choose your personal strategy and stick to it for some time.
When it doesn't work, pick another one.
I can't agree you have to learn everything, crypto society is overpopulated, and some advices can only distract from what you have already chosen or maybe it's just my laziness))
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Luckym7
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Activity: 216
Merit: 10
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April 28, 2018, 07:44:58 PM |
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If you want to start crypto currency I think you need to knowledge about altcoin. If you don't know altcoin analysis you can't start your Crypto trading so at first you need to learn about crypto currency market then start you Crypto trading. Without any knowledge about crypto currency you can't make a good profit with your feet to currency trading. You also need chart pattern because chart Patron is a very effective for your crypto currency trading.
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Kupid002
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April 28, 2018, 08:24:49 PM |
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In my opinion patience is one of the most needed thing if you are going to trade, patience and keeping calm, lol
Patience is considered as golden aspect of a trader. If someone is intending to go for trading but he doesn’t have tendency to control his mind and emptions, he will be encountering loss everywhere. Traders must adopt this trait because this trading is all about taking decisions at multiple times, multiple difference conditions and situations so being patient is tremendous additions to good results. It is really what a trader needs and some additional aspects to have. A good things to be learned by your own is technical analysis and fundamental analysis thats comes from your initiatives to learn this knowledge. If you have this with patience you will get the best result in crypto trading. learn by your own will be some of the great thing that we may ever have to take on we should be able to make a lot of analysis on how does it may work for. |
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atetess
Member
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Activity: 305
Merit: 10
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April 28, 2018, 11:06:29 PM |
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Learn the basic, buy low and sell high and the most important thing is you know when and how to hold. That is very importand aspect in trading.
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thundercrystal
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April 29, 2018, 02:39:02 AM |
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It is crystal clear that you cannot perform great in trading until and unless you don’t have sound knowledge about the coins you want to trade with. Just reading whitepaper of the coin is not enough for knowing all about the project.
I think the important knowledge we should have for crypto trading, is we should know how to choose a good coin, specially a coin that has a bright future, and the other knowledge we should have in crypto trading is we should know how to predict if the coin will dump or will pump. |
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Lang09
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April 29, 2018, 05:55:43 AM |
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If you want to trading an altcoin, better to know the history of that coin before, altcoin can't be predicted, the price sometime get down when the btc price pumped, for now probably a matter if you want to trading altcoin.
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SkustaClee
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April 29, 2018, 08:33:17 AM |
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I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
If you want to become professional trader, you should first improve your emotion and patience. You can't earn big amount of money if you don't have enough patience and you can't control your emotions. |
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