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Author Topic: Which knowledge is important for crypto trading?  (Read 4759 times)
atetess
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April 28, 2018, 11:06:29 PM
 #401

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
 #402

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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April 29, 2018, 05:55:43 AM
 #403

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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April 29, 2018, 08:33:17 AM
 #404

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.

karungbitcoin
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April 29, 2018, 09:08:17 AM
 #405

In my opinion the most important thing when doing trading is our psychology and second one is strategies include technical & fundamental analysis, management of risk & money, and trading plan. Psychology become number 1 because many trader who has great strategy but finally loss because they has bad psychology, like greedy, and not patient.

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April 29, 2018, 10:33:02 AM
 #406

you need to study the fundamental analysis, watch what news from the company that issued this or that coin, also know the technical analysis if you want to be a trader

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April 29, 2018, 10:33:32 AM
 #407

Do you think technical analysis is important to this market? I used to use technical analysis but it just gave me little profit. So in my opinion the most important factor in this market is knowing the technology but your psychology must be good then that will bring you much profit.
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April 29, 2018, 02:23:21 PM
 #408

I think that market sentiment is still the biggest influence on trading results. You can see that this is a new market, and many new investors have no experience entering the market, for which reason the market becomes very unpredictable due to the psychological barriers that come from investors. The points you have made is good ,you need to follow the market really well before investing and understand how things work, the main idea behind it is simple, but for beginners starting with top ten coins means
alibaba93
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April 29, 2018, 02:23:37 PM
 #409

I think the most valuable knowledge in trading is actually which coins you should better hold or trade for. Like the above-stated reply said, not all coins would survive with an exception of a few. With this idea in mind, you should have ample knowledge in order to at least deduce which coins would have that driving force and continuing power to prosper and not just die out after some time. 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
tatum506
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April 29, 2018, 02:27:55 PM
 #410

I think that market sentiment is still the biggest influence on trading results. You can see that this is a new market, and many new investors have no experience entering the market, for which reason the market becomes very unpredictable due to the psychological barriers that come from investors. The points you have made is good ,you need to follow the market really well before investing and understand how things work, the main idea behind it is simple, but for beginners starting with top ten coins means
Yeo, You might see yourself losing a lot of money if you do not know waht you are doing. Trading seems simple but it is not a game you can end up broke by doing bad trades. Trading is easy to learn especially when there are many guides and studies you can refer to. What is determinative of your success in trading is your attitude towards a win or lose or both all at the same time
Obama07
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April 29, 2018, 02:34:08 PM
 #411

If someone want to start trading he must need to knowledge about crypto currency market, If you don’t have a any idea with coin market you can’t start trading so you must need learn altcoin market then you can buy coin which is better for trade. It is very important for start crypto currency trading.
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April 29, 2018, 02:48:51 PM
 #412

The best that is very important for crypto trading is to how to earn profit. All of us aiming for profit, we are buying cryptos because we are aiming for profit so we need to have a guidelines that can help us to have a better strategy on how to earn profit in cryptos.

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April 29, 2018, 03:00:17 PM
 #413

It is really not easy way to know about crypto trading.Because crypto market any time fluctuate.So If you know better about crypto trading then you follow order book, Buyer quantity, seller quantity and daily candle bar updown quantity. Although it is not perfect way or better way but I hope you will known something. The noise about the coins is one of great indicator to us to see if the coin is pumping and if there are so many people ranting and pointing for the coin who's moving up for that moment then maybe you can join with them and earn for short time
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April 29, 2018, 03:00:23 PM
 #414

The graphical trends coming from trading sites can highly educated us with acquired skill which you can develop in terms of knowledge it will provide. And before start cryptocurrency trading you should know details of a coin in the market and make an analysis before you  choose a coin. I think the most common knowledge that is necessary in crypto trading is to know that when the price is low that's the time to buy and when the price is high then that's the time to sell
tatum506
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April 29, 2018, 03:00:33 PM
 #415

I think that knowledge is only a small part of the commercial Cryto, so you can trade well need a lot of knowledge, to learn more specialized analysis of charts, technical charts. It is very important to know how it feels in the cryptocurrency environment, assets are important also strategic skills.  You need to be a reader because ir is the root of every traders traits
Dansamiv
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April 29, 2018, 03:20:03 PM
 #416

In my opinion, knowledge is needed in the commercial process in the crypto market. Sometimes it is not all to create a profitable form of profit. Graphical analysis skills, understanding of market implications, judgment and assertiveness in decisions will be interlinked components that create a commercially viable trading process. It does not depend on any component and it needs a consistency.
gandhe83
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April 29, 2018, 03:25:35 PM
 #417

The important of the architecture for the business of the field of the business field is separated to the parsing cryptocurrency field for given your own projects and input into cryptocurrency field. To make it that you need to be understand, read more comments about the field market and update the cryptocurrency field field is associated.
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April 29, 2018, 03:48:07 PM
 #418

On my first trading (3 months ago), I try funded a little bit my account on particular exchange, since I don't know how to read those signals, like candle stick, etc,.And I lost almost 80% of my funds that time, since then I try to study on my own the trading and understand the basic concept of trading, I ask also some of my friends idea about trading. And they suggested me the 2 basic concept, (buy low, sell high and sell low buy lower). . Also I watch youtube to get some ideas. Since then I got ideas on trading. The sell low, buy lower is so risky but since I've lost already so I take some experiment, and now I am able to recover losses. For me, one of the important things in trading is PATIENCE.
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