How to trade wisely

[Kriptosoul]

i didnt know how to trade wisely im a beginner, can anyone help me

The more you read books and study it on the forum, the more you will have the information that you will need at the auction. Even when you know a lot it will be hard.

[1714921300]

1714921300

[1714921300]

1714921300

[Rocktop044]

There are so many trading strategies that suites different traders.
The most efficient rule for me is 'low risk, low reward". And it can be applied to the various strategies.

[Jaycee99]

It's totally impossible the become a professional trader if you only ask people in this forum about it . You need to explore about trading, about the market yourself, you need to learn about trading if you want to earn money in trading. Everyone has to pay money for these knowledge and experience so I don't think they'll share it for you for free . Try to find out some courses to learn about trading skills, it's the best option for you atm.

You disagree, but your still helping by telling him to explore you should also learn by creating an own thread can also help the user OP himself because by reading all the topic, the reply this will be the primary(secondary but primary because OP will posible going to 1st read this reply of us  as his first source and because this is what I did before thatvI was a total noob) source of OP for him to learn.

HERE IS THE PROPER ANSWER FOR YOU OP.

1.first you need scan each board to look which forum you will read and post something  (saying this because your topic itself can be in the trading discussion as well)


2. BUY low and if you lost your investments due to market value falls you should hold .

3. Sell it high .

4. Watch the market if your a day trader and if long term it is okay not to look everyday, still its up to you if you want to look.

[BurakXel]

In this case it is difficult to help someone. Yes, you have been given some useful advice here, but until you try and learn from your mistakes, you will not become a successful trader

[anti76]

Here you have been given advice, I think they are enough for your growth in trading.From myself I would like to add-watch videos on youtube.A lot of interesting and useful materials are waiting for you.

[Liz D]

Learning to trade wisely in crypto has to do with your gut and greediness. People can only predict or advice on a trade but the luck that comes from it depends on you as a beginner. Firstly, learn the basis of analysis and how to use them to your benefit (Technical analysis and Fundamental) and most importantly always set your target without greediness then you'll become wiser as you proceed.

[Mainman08]

I think trading wisely is when you don't looked for a bigger earnings. Even if you earn not big enough but you are trading efficiently it is better for me.

[Sharingjoy]

i didnt know how to trade wisely im a beginner, can anyone help me

I think many had already give you some advice but for me you can use Google for your question and I'm sure you will be find a right answer in YouTube as more tutorial videos are available to a newbie and advance trader which is a good way to learn trading from them.

[cryptoadobo]

You are very lucky if you have mentor to guide you regarding trading but if you are truly a newbie it will come with experience. There are many guides in this forum and other sites that can guide you to trade wisely.

[PHPSELLER]

I think trading wisely is when you don't looked for a bigger earnings. Even if you earn not big enough but you are trading efficiently it is better for me.

Exactly, because with risk you can win big amounts, If anyone trade wisely it's mean playing without a high risk, so the chances of winning will be higher so the gain will be not big. It's a good strategy for traders to not lose in this field and I think if you don't afford losing money, this method, it will be very good for a lot of people.

[nieninja53]

Before investing or before buying anything you must get a proper understanding of market trend When you have a good idea about the market the impact of bitcoin price and the idea of bitcoin price than you can take a good decision and you have a control in trading,

[Vannie12]

As a trader before, Knowledge is very important. What you need to learn is which coins are you in with. If haven't got any and wanted to invest, make sure that your coins are supported or nearly successful already to avoid regrets.
You should explore exchanges and then you need to experience the whole thing. There is no more books can do about it and just needed to know it yourself. Observe the charts very carefully.

[zhukovt34]

Reading, learning, investing in crypto trading education is first and most important step for you to learn to trade wisely.
It is crucial to remain in cryptotrading with low trading ratio throw learning process of trading in order to avoid spending your budget to quickly.

[Ryanpogi]

I can advise you that when your trade is successful, the first thing you will do is study the trade well, how the trade work is. so do not worry about, studying really well. Thanks.

[Re.won14]

 I agree that you will never be able to trade wisely if you will just ask someone on this forum because such skill can be earn through out the process of trading so you need to start with the small one. Just take note that beeing greedy ends up getting nothing.

[nagita slav]

I also don't understand the problem, it is also my bitcoin beginners but if prefix is better much ask who's been dabbling in it and should be a lot of reading and browsing problem bitcoin, definitely long-duration can be professional

[ViktoriaM]

Trade with the mind involves knowledge and intelligibility. There is also an expression - who is quieter rides, that will go further. I stick to this. Where promising quick interest, large earnings - I immediately consider it a risk. I'm not on the road with them.

[sergikrnd]

I trade only on short, if the price falls sharply down triggered a buy order. I close when the profit becomes more than 1%.

[dorabuckest]

If for beginners should first know the problems multiply about the basics, expand for browsing and wonder to the people residing therei

[DPrillio]

Reading, learning, investing in crypto trading education is first and most important step for you to learn to trade wisely.
It is crucial to remain in cryptotrading with low trading ratio throw learning process of trading in order to avoid spending your budget to quickly.

To trade wisely then the most important is to know the coins track and never be greedy if ever there is a chance to be profitable then grab on it, opportunity doesn't strike always and most and foremost is to keep on mind that you should have not to sell out of panic selling because that is always the reason of being lose in crypto, meet the risk and it will give you profit at the end.