how to trade efficiently?

[Hypnosis00]

If you want to trade efficiently then you just need to have a lot of patience in both trading and learning because you cannot expect a lot of big returns when you are just trading without having any knowledge about what that thing. It is better to spend time learning rather than spending first because if you will not study or learn then you will not have any chance in the long run to earn.

[dimastegar]

Efficient way of trading is to take a little profit, but many times or commonly we call Short trade. And do not try to All in because All in very risky. But All in also sometimes needed.

[mutrang23]

To trade well you should learn to control your emotions. This will help you become congested in the trade. Emotions affect the decisions you make so this is good if you want to trade well.

[eekkaa]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

I think an efficient trading is trading by not just buying 1 coin but buying some coin for your availability and when the price goes up you will get a lot of profits not in 1 coin but in altcoin you buy will also give advantage to you.

[putrii]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

efficient trading is by playing a lot of coin do not just play 1 coin only, if you play a lot of coin then you also get a lot of profit.

[Faruque312]

i think you should leave from day trading, long time trading is really profitable, you can buy recently dump coin, like 1 month ago no one can believe xrp can pump quickly but now xrp almost near from 3$ so just check which coins are dump now.

[emirkalyoncu]

In my opinion ICO's are more efficient than daily trading.Daily trading wastes much more time and costs much more money for the fees.I always search for best ICOs and i finally decided to invest SETHER.Sether is a new platform for social marketing.I think you should go see what they got.
Here is the link to website https://www.sether.io/

[guoyu78]

Set a target, always do that then your trading will be profitable

Trading is something very much different from the rest of the things. It involves a high level of risk and you do need to be very much careful while dealing the things in trading as one wrong decision can make you suffer a huge loss.

You need to practice trading as much as you can as this will help you learn more things and you will be able to make the wise decisions at the end. Keep learning new things for better results.

[ardyology]

I am really learning a lot from this thread and I'm loving that everyone can attest to what their stating here because of their experiences. True enough, trading requires a lot of research and market study. It's not a platform for you to just place your bets. And of course, I think I will love the challenge and adrenaline it will bring to me since I'm fascinated with strategies. Thanks everyone for helping.

[enwi]

efficient trading I think is knowing when is the right time to buy and when a good time to sell, and when the right to buy is when the price is low then sell it again when the price is high

[dificanovi]

If you want to trade efficiently then you just need to have a lot of patience in both trading and learning because you cannot expect a lot of big returns when you are just trading without having any knowledge about what that thing. It is better to spend time learning rather than spending first because if you will not study or learn then you will not have any chance in the long run to earn.

yes, I agree with your opinion, in trading takes a lot of patience. if we are just trying to trade then first learn a lot from people who are experienced in trading crypto currency.

[lelahkenabanned]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

Efficient trading is trading in the way you understand the existing graphics and can read the conditions of the coin you have and do not just berain 1 coin only but also with the other coin.

[Wagako]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

Trading efficiently gives you more profit. Of course you must have knowledge about bitcoin on how to run or to trade your coins. Your knowledge about trading will be your foundation to start earning more profit.

[masterphi]

- Don't buy any coins which are dumping hard or it is pumping hard
- Don't keep shitcoins with zero volume in your bag
- Don't put all your money in only one crypto
- Don't follow FUD/HYPES and buy/sell panicly
- Don't trade with your emotions, go with technical analysis
- Don't use all you have for trading, only use which you can afford to loss.

you are right you say that's the word these will be lower than the loss

[ranman09]

- Don't buy any coins which are dumping hard or it is pumping hard
- Don't keep shitcoins with zero volume in your bag
- Don't put all your money in only one crypto
- Don't follow FUD/HYPES and buy/sell panicly
- Don't trade with your emotions, go with technical analysis
- Don't use all you have for trading, only use which you can afford to loss.

The best list of things to keep in mind. To add, always mind basic Buy low and sell high. And strengthen the principle with this list.

[@Mhaiang]

To trade efficiently, you must consider the reviews from other investors about the coin. you should make a study about the coin you want to trade in.

[Koro-Sensei]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

First of all, leave day trading to the bots! Go for longer term trades on recently heavily dumped coins. Don't diversify too much, and don't buy small amounts of a lot of coin. You will end up only with scraps. Concentrate on few well researched coins instead. Hunt down coins with solid, new technology and buy the dips.
And stay away from pump groups. The good ones are closed clubs with rather high buy-in price.

If he can hunt it or narrow it down. But we know we dont know a hard coin that will have solid future in the crypto world. There are many candidates to have a solid investment but for starters it would be risky to do that.

[globalcitizen]

- Don't buy any coins which are dumping hard or it is pumping hard
- Don't keep shitcoins with zero volume in your bag
- Don't put all your money in only one crypto
- Don't follow FUD/HYPES and buy/sell panicly
- Don't trade with your emotions, go with technical analysis
- Don't use all you have for trading, only use which you can afford to loss.

Thank you very much for this advice. You just summarized some important helpful tips that I personally have been applying in my own trading. At one time or the other I got burned by pump and dump coins when I was beginning my trading career such that I decided never to follow pump and dump, HYPES/FUD and panic buy/sell. In crypto I always remember that I don't lose until I sell, hence no panic selling.

[rhamzter]

If you want to have efficiently trading, just monitor from time to time the movement of all coin currencies. In addition I guess it is the right time to buy some alternative coins and holding for long period of time. Moreover be patience on holding because it is give you high income in the future.

[Cryptolive]

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

First of all, leave day trading to the bots! Go for longer term trades on recently heavily dumped coins. Don't diversify too much, and don't buy small amounts of a lot of coin. You will end up only with scraps. Concentrate on few well researched coins instead. Hunt down coins with solid, new technology and buy the dips.
And stay away from pump groups. The good ones are closed clubs with rather high buy-in price.

Yeah Day trading to bots is a good idea for making us some space to learn more about other coins but I think bots also cost much. Can you recommend any other good bot with less price than Gunbot.