wayancrypto
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Activity: 462
Merit: 11
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March 11, 2019, 03:54:41 AM |
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Dont over trade and spend only maximum 8 hours aday, choose only good coin to trade, use stop loss and trailling stop, dont FOMO and greedy, trade only maximum 3 different coin at the same periode, should be have target profit in monthly, only trading in bullish trend and exit from the market if there are indication the trend will change to bearish.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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MI6
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March 11, 2019, 04:50:24 AM |
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Dont over trade and spend only maximum 8 hours aday, choose only good coin to trade, use stop loss and trailling stop, dont FOMO and greedy, trade only maximum 3 different coin at the same periode, should be have target profit in monthly, only trading in bullish trend and exit from the market if there are indication the trend will change to bearish.
A lot of my mistake i do if see from your suggestion, but when i stuck in a coin maybe i still can't control my feel. Always look at market actually not good and make correct time how long we spend at trading is very good thing because when everytime we look price, we will afraid, Fomo and panic will come anytime. |
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semobo
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March 11, 2019, 07:52:14 AM |
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Dont over trade and spend only maximum 8 hours aday, choose only good coin to trade, use stop loss and trailling stop, dont FOMO and greedy, trade only maximum 3 different coin at the same periode, should be have target profit in monthly, only trading in bullish trend and exit from the market if there are indication the trend will change to bearish.
Why 8 hours? We cannot limit ourselves for working on certain hours but we can decide how many trades we have to do daily basis,lets imagine 3 trades with profit margin on 3% will be good enough. |
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ruthwithers1980
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Activity: 350
Merit: 45
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March 12, 2019, 01:03:26 AM |
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Noa_Amable
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March 12, 2019, 06:18:04 AM |
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I am a newbie to crypto field.I want to now some crypto trading tips.can you help me
try trading major coins, check news on the coins. if now news observed - use technical indicators (e.g. Ichimoku) or support/resistance levels. try day trading - and create a trading plan: how much are you planning to each all in all and per trade; how much you can lose (and probably set a stop loss); how long it may take approximately; and follow these rules. and also trade calm and cool. trading is a real stress and adding more of it will cause bad things to your health and your trading. and practice, practice, practice. that will make perfect Wink I hope you are not going to hodl.. |
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HatakeKakashi
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March 12, 2019, 06:27:37 AM |
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Dont over trade and spend only maximum 8 hours aday, choose only good coin to trade, use stop loss and trailling stop, dont FOMO and greedy, trade only maximum 3 different coin at the same periode, should be have target profit in monthly, only trading in bullish trend and exit from the market if there are indication the trend will change to bearish.
That is right better to have target monthly or weekly and once you reach that you can sell now your coins that makes you profit. Spending too much time in trading is good but we need to spend only like 8 hours maximum if you don't have work but if yoy have work better to spend only like 2-3 hours only you can do it as your partime job. Do a research once you have doubt like buying and selling a coin. |
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Caladonian
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March 12, 2019, 06:34:50 AM |
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Dont over trade and spend only maximum 8 hours aday, choose only good coin to trade, use stop loss and trailling stop, dont FOMO and greedy, trade only maximum 3 different coin at the same periode, should be have target profit in monthly, only trading in bullish trend and exit from the market if there are indication the trend will change to bearish.
Don't over trade, a lots of people forget about protecting their assets, thinking that chances to earned more each time they made every entry, not realizing that there's still possibilities that it can change directions, over trade can add stress when you failed to predict next movements, stay with your plan and stop being greedy, learned from every experiences it will lead you to a much comfortable position. Trading is a never ending battle grounds make sure to be fully equipped with knowledge before engaging yourself. |
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freedomgo
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Activity: 3094
Merit: 1144
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March 12, 2019, 08:17:48 AM |
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It's very helpful for newbie, they have to understand the basic term first prior to digging more information about on how to be successful in trading. Doing it with more research and slowly applying what you learn into practice is an effective method for long term success. |
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ruthwithers1980
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Activity: 350
Merit: 45
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March 12, 2019, 09:34:47 AM |
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It's very helpful for newbie, they have to understand the basic term first prior to digging more information about on how to be successful in trading. Doing it with more research and slowly applying what you learn into practice is an effective method for long term success. Right! Posting here the image for everyone's use.  |
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totoprayogo
Jr. Member
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Activity: 171
Merit: 1
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March 12, 2019, 01:34:35 PM |
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I am a newbie to crypto field.I want to now some crypto trading tips.can you help me
For me it is also new to crypto, for beginners to invest money as well as your first step is to monitor market prices first. we note which coin we should buy so that we avoid the cutlose. and I think ethereum is a good investment for the next 1-2 years, considering that the current price of ethereum has dropped dramatically |
EMPIREHOTELS (EMPC) (https://www.empirehotels.io/) The Future of Hospitality |
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Aivaryamal
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March 12, 2019, 01:54:51 PM |
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The best tips in trading is a constant practice and a cold head, clear certain goals, the digital market dictates its conditions and sometimes very uncertain
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crypteris
Newbie
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Activity: 159
Merit: 0
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March 18, 2019, 01:33:11 PM |
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There are 3 basic things everyone should follow. 1. Don’t invest money you can’t afford to lose. Cryptocurrency is extremely volatile in comparison with other assets thus very risky. 2. Buy low, sell high. It’s logical and seems easy but in fact, it’s very hard to identify the peak price of the crypto and sell it when the rest crazily buy it 3. Don’t put all eggs in one basket. By buying different crypto coins, you reduce the risk of losses. Then you’ll need to determine what cryptocurrencies you want to trade taking into account their technology, concept, supply, market cap, etc. Find trusted and reliable crypto exchange that accepts credit card or bank transfer like Cex. It allows trading both fiat to crypto ( https://cex.io/btc-usd ) and crypto to crypto. Practice trading and learn about cryptocurrency as much as you can. Cryptocurrency is a very sensitive thing that doesn’t like weak hands. |
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Noa_Amable
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March 18, 2019, 02:12:27 PM |
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It's very helpful for newbie, they have to understand the basic term first prior to digging more information about on how to be successful in trading. Doing it with more research and slowly applying what you learn into practice is an effective method for long term success. Right! Posting here the image for everyone's use. well, it's nice thing! |
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Naida_BR
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Activity: 980
Merit: 62
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March 18, 2019, 02:36:43 PM |
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Dont over trade and spend only maximum 8 hours aday, choose only good coin to trade, use stop loss and trailling stop, dont FOMO and greedy, trade only maximum 3 different coin at the same periode, should be have target profit in monthly, only trading in bullish trend and exit from the market if there are indication the trend will change to bearish.
I agree with you in all the points. My objection is that it is so hard to determine if there is a bullish trend or a bearish trend. I try hard to study charts and decide if I should buy or sell but there is a huge volatility that cannot help me in my trading decisions. |
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bitcoin31
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March 24, 2019, 03:24:43 PM |
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I think the tips that gave the trader is enough all must you do is make a list and apply it when you do trading so you will know what is the best action. But make sure the tips thag you use in trading is really works and compatible to you so you will not lose more money.
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kooboat
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Activity: 235
Merit: 10
BountyMarketCap
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March 24, 2019, 04:03:45 PM |
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Good tips to follow, sometimes no matter what a trader does, you end up losing and it is really worrying. Trading requires alot of attention and smartness to prevent loses. You may want to exit after hitting the bottom.
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devinks
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March 24, 2019, 04:58:02 PM |
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The best tips in trading is a constant practice and a cold head, clear certain goals, the digital market dictates its conditions and sometimes very uncertain
it is true and the key to trading in order to run well and smoothly you must be able to control emotions and always be patient when the market experiences a rise or decrease in prices so that you can get the desired benefits and avoid losses |
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bradshe1
Newbie
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Activity: 43
Merit: 0
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March 24, 2019, 08:11:17 PM |
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Crypto is an extremely volatile asset. That’s why I would recommend you to pick the exchange with a stop loss feature. It will help you to reduce the risk of losses and automatically sell your coins if the price drops lower than you indicated in a stop loss. Successful crypto trading is hard work that requires everyday practice. If you think that you are not ready to start real trading, you can practice on a free demo account, offered by Cex Broker ( https://cexbro.com/). It provides all the necessary trading tools including the stop-loss feature. Furthermore, signing up now you get as low trading fees as 0,05% for 2 months. I think it is hard if not impossible to find lower fees. |
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Tungsten-1
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March 27, 2019, 12:32:38 PM |
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The best tips in trading is a constant practice and a cold head, clear certain goals, the digital market dictates its conditions and sometimes very uncertain
it is true and the key to trading in order to run well and smoothly you must be able to control emotions and always be patient when the market experiences a rise or decrease in prices so that you can get the desired benefits and avoid losses Well yes, without controlling emotion you wouldn’t make it possible. All the traders either they are newbies or coming now or been here for so long, everyone have a war with emotions every single day. They chose patience over panic and thus be gifted with amazing results. But those who misbelieve, lose confidence and trust, and shackled, just become picture of depression and anxiety. Patience is the key here. |
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