Trading tips

[jonatuzc]

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

The main tips is you must understand how the market works, the step is simple. Learn about crypto trading from books, friends or group. After that find your best strategy with little money you have on the real market. Repeat again until you find the best one. Another tips, try to disciplines with your strategy. If you can do that, you're ready to become the winner.

The important thing to predict the market direction, So we can try to put our order to follow the market direction. the trend gives a lot of impact on the market direction just like bitcoin cash. Another important thing about op must try to get its own method to trade and that will give the more convenient to generate the more profit.

One should learn about trading before investment in the market. The beginners should search out the whole market to know the basics of trading. One should consult different peoples who are already in the same business which you want to start.

Literature may also be studied available on different sites. Start should be taken from minimum amount to avoid any risk. Bitcoin may be a good choice as it is an establish currency in the market.

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[worle1bm]

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

Few are some of the tips good for trading:
1. Never trust anyone blindly who gives you advice on how to trade but use your own knowledge and experience and then make good decision instead of creepy one.
2.Learn from your past mistakes and recover them in future planning.
3. Make your own trading strategies by not comparing and copying from others.
4. Keep a regular monitoring on the market and be aware of the new things happening in market.
Apply some of these which might not make your expert at once but may help you in some way.

[BariaczRoni]

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

Trading is to risky. Im a newbie too so base on my experience before I'll buy some item in the lowest price and sell it to higher price. It is a basic for trading buy low sell high, but once you buy that item think first if its worth it to sell in higher value. Be wise and knowledgeable to buy bitcoin for your good profits.

What if you buy at some price and then it go down, the old price never return. So my question is how to know which time to buy?

[xantor]

I like this saying best:

Bulls make money, Bears make money, Pigs get slaughtered.

Don't be too greedy!

A way to fight greed is to use Multi Targeted profit taking approach:

T1 to recover the cost of ur trades plus some profit
T2 to take profit on top of T1.
T3 to ride the trend until it reverses.

The purpose of T1 is to remove the risk from ur trade when practicable. After all, recovered capital is capital that can be redeployed at the earliest opportunity.
Over a large sample of trades, the majority of profits would likely come from T2.
Although T3 would provide some truly phenomenal gains!

Using an example such as the early pumps of NEO or OMG, coming from ICO: T1 could be a point where price has doubled or tripled. And you exit 60% or 50% of your position.

T1: ur position of 100 becomes 2x or 3x => 200 or 300..
..exiting 60% of 200 means 120 is recovered.. 50% of 300 means 150 is recovered
..in both cases above, the capital is freed up and no further losses can be incurred from the trade

T2: ur position of 80 (200-120) or 150 (300-150) can be halved when price reaches 4x, as an example
..from 2x to 4x, your 80 becomes 160, u exit 80 and keep the balance open
..from 3x to 4x, your 150 becomes 200, u exit 100 and keep the balance open

T3: at some point it becomes clear that the price has peaked and the market's attention has shifted to other coins. you may exit at the current price or just hodl the balance. after all, these are now 'free' coins (they have been free since T1 price was met & exited)

[Kingofthe80ss]

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

Trading is to risky. Im a newbie too so base on my experience before I'll buy some item in the lowest price and sell it to higher price. It is a basic for trading buy low sell high, but once you buy that item think first if its worth it to sell in higher value. Be wise and knowledgeable to buy bitcoin for your good profits.

What if you buy at some price and then it go down, the old price never return. So my question is how to know which time to buy?

You can never know for sure

[Osarman]

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

I do not have anything to suggest to you and help you become rich in trading. Take control of your emotions if you want to succeed.

I agree with you, many people trading but can not control their emotions so that sometimes they suffer huge losses

Emotions have huge part in your decisions and if you want to test what is their importance just make a decision when you are under impression of emotions. See what are the consequences and result when you are affected with emotions and when are just free. They can even make your trading worst and thus there are so many people who are disappointed with trading and quit.

[sana54210]

Hello.i amnalo newbie like you when i started trading.so i suggests you to first of all get more knowledge about the trading.that you can get from Google; YouTube and this forum.this forum is very useful for the knowledge.After you get proper knowledge about trading then start trading with very less amount like10$-20$.And do trading fo week or month so you can also develope your trading skills.trading is quite risky but it is also more profitable.All the best

This is a very good option and it is always good to try out something small for a start to have a huge experience from trading first. However, I feel any practice should not go below $50 so as to get some real life situations and be able to manage them when they come. I do not think $50 is a very huge amount to start trading with and as long as one has been able to learn, it will be easy to increase just in a matter of time.

One of the trading tips is always patient and do not greedy. I think this thing is key of succes in trading. Even you expert in technical and fundamental analysis but without patient will be difficult to get profit consistent.

Patience is not the only key of success in trading unless you are willing to go the very long term method. As long as you have a strategy for your profit and loss, and your style of trading is day or short term, I see no reason why you should be patient. It is best to always have a plan on ground before entering a trade, which is where to enter or exit for loss or profit.

[star19]

If I'm share my opinion for trader, who want to perfect and dynamic trader to start hard work.Become a trader at first Follow  altcoin market from coinmarketcap if you see altcoin market then you found a great tips for your trading.

[Tegin92]

You must dare to take the speculation to expend the main capital that must be managed as well and must believe you can manage it

[hari9981]

tios for you if you want to trade. before you learn some trading analysis so you understand about the correct way of trading. then you can try trading with small capital. because if you use small capital then the loss will be small. so your money will stay safe. avoid the mental make you confused and decide to close your order. that way you do not understand where your mistake. try and try to make you a great trader

[A.H.Rassel]

As a new trader in cryptocurrency, buy coins when its go on low and hold it until price up.Follow master traders, read blogs about trading and daily watch market its help you a lot. After gain some trading knowledge you can begin trading with little sums for test yourself

[desi92]

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

I do not have anything to suggest to you and help you become rich in trading. Take control of your emotions if you want to succeed.

Control emotion only i think its not enough.
We need to control greedy and all thing which can make us end in loss.
Thats all about characteristic, before that you need to learn about knowledge as beginner and please be patient because no patient so no success.

[sheenshane]

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

I do not have anything to suggest to you and help you become rich in trading. Take control of your emotions if you want to succeed.

Control emotion only i think its not enough.
We need to control greedy and all thing which can make us end in loss.
Thats all about characteristic, before that you need to learn about knowledge as beginner and please be patient because no patient so no success.

Yes controlling in greediness is one factor that might be lose you in trading if you let your mind being greed, also emotions you may controlled it and avoid panic selling. Having a patience is very important in trading you must be wait for a great chance before trading other coins also spend more time in computer just to monitor coinsmarketcap i think you need here an full time trader if you want to be a good trader. So if you starting in trading now good luck.

[plaintiff77]

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

The tips I can share is to just wait patiently because not all token increase its value instantly some tokes takes time to increase and also you must only buy those token that is on demand so that you can assure that youll earn but it is a long term investment since the value of token are also volatile so you need to wait patiently before selling it.

[enawati]

Firstly and most important thing is make sure use money willing to lose to start it. And then join in some telegram trading group so you ask some question there. And learn also about how to read the chart to understand and to know level area to buy and sell. One more thing learn about money management and risk management to reduce the risk in trading.

[ibemerum]

Trading tips for beginners.  First thing is to get familiar with the coinmarketcap, then ensure you take care of your emotions. Also have a plan whether to buy or sell, supposed you want to buy go biggest losers and make your choice on a coin , based on hysterical data.

[Slash61]

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

I Have some suggestions for you to avoid losses, or at least minimize losses.
1. Use stop loss
Never trade without using Stop Loss orders, since it can prevent you from unexpected things.
2. Fundamental and technical analysis
Some traders only use technical analysis, while others just observe the fundamentals. Use both, so you can understand the market condition well.
3. Do not involve emotion
When holding back emotions, you will not be in a hurry to take a position and can avoid the loss.
4. Do not be greedy
this is still part of the emotion, just because it feels the opportunity to get more profit.
5. Using money management strategies
Limit the amount of losses, experts advise to limit the risk of 3-5% of the initial capital in a trade. Excessive risk can be dangerous in high volatility. The rest is to believe in yourself, do not listen to people who are propagating you in trading.

[ipanks]

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

The tips I can share is to just wait patiently because not all token increase its value instantly some tokes takes time to increase and also you must only buy those token that is on demand so that you can assure that youll earn but it is a long term investment since the value of token are also volatile so you need to wait patiently before selling it.

to be patient is really difficult to do because not every people could do this and it needs more time to learn for patient. but if we really want to learn patient, I think we can get much of profit in the future and besides that, we can use our time to learn about how to analyze the coins so we can know or we can predict the trends of the coin.

[Finestream]

As a new trader in cryptocurrency, buy coins when its go on low and hold it until price up.Follow master traders, read blogs about trading and daily watch market its help you a lot. After gain some trading knowledge you can begin trading with little sums for test yourself

Right.Explore the crypto world.Know the coins that have good potentials for trading.Trace the history and even its present updates,and its status in the market.If you had chosen already,do not jump into buying.Just wait for its price to dump so you  can buy it at a cheap price,then hold it even a year or two,and when you see the price had risen up maybe doubled or tripled,then it would be the best time to trade.Trade only when there is a big chance of making a huge profit even from a small investment.

[Shishir99]

I am a newbie to crypto field.I want to now some crypto trading tips.can you help me

I want to suggest you to never chase hype.
The first rule of trading is controlling the emotions and greed.
Never panic sale.
Learn some technical analysis from youtube.
There are lots of technical analysis videos available on youtube.
Use tradingview or Coinigy for technical analysis.