How to trade wisely

[suburban123]

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

Plan your trade and trade according to plan. Hope and fear are the two worst enemies of the speculator. Always set higher trading goals. Stop is the key to the success of many traders. Limit your losses. A successful trader is someone who has been trading for a long time. Successful traders buy with bad news and sell at good. The most powerful trading tool is simply following the trend. Remember that a bear market in one month will completely eat a three month gain in the bull market.
I hope something from this list will help you.

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[Lalapan]

you must know the market conditions that occur and the term that existed in the world crypto. if you already understand the basic how to trade. try to buy when the market is falling and hold it until the market back green or according to your target. this way you will get profit and do not lose.

[Mister1k]

you must know the market conditions that occur and the term that existed in the world crypto. if you already understand the basic how to trade. try to buy when the market is falling and hold it until the market back green or according to your target. this way you will get profit and do not lose.

To learn the basic trading they must go with the trading section on this forum. Even op has to create the post on that section to know how to trade wisely. I see some tips has been pinned on trading section even that can be helpful for her.

I advice you to invest your money on any cryptos which are in the top 20 list those coins will be reached to the biggest marketplace value in some days mate. Please do more research with the youtube videos as well.

[Katabit]

Learn to trade wisely on the stock exchange, you can have good knowledge about the market. You should Be able to keep your emotions. You need to learn to be a pragmatist. Start with small insignificant sums, track your results, work on mistakes. Over time, you will learn.

[dudu131418]

Personal opinion, stay awake, sell at the time you think the price is reasonable, don't hesitate to unknowingly, that's all.

[marketone]

Each one has different views about the market, without any knowledge, it is not good to enter the market. Always try to improve standards of patience and emotion. These are the main requirements for trading. We have to act according to the market conditions.

[BlackMoon258]

make a vote-pool in crypto groups, if most of ppl voted for price increasing, you should sell them all

[anti-scam]

this topic should not be here, but it is more suitable to be on the topic of trade
https://bitcointalk.org/index.php?board=8.0

Wise trade is, we are able to control our emotions and not be greedy. be patient and grateful with the benefits gained. that I think is enough.

[CryptRoller]

1. Do not invest money you cannot afford to lose.
2. Do not invest money you are not willing to lose.
3. invest in knowledge first. Learn about strategies, technical analysis, indicators, etc.
4. Do not trade without a strategy.
5. If your strategy does not have multiple exit points (profit / loss), get another strategy.
6. Do not invest money you cannot afford to lose.

[CFI-2018]

Best way to start is to define yourself as a trader, are you looking for quick flips or are you able to wait a longer period? when you determine this, then start reading about coins and there goals but also there charts.

[MainIbem]

Better read some articles, reviews or books of successful traders on crypto. Beginners should always know the basics and the behaviors of successful trader. Better be advised that you should buy low and sell high if you want to trade wisely and don't forget to spread your budget on trading not focusing on one or two coins only.

Hello, Tell me the name of the books on trading crypto-currencies. This will be useful for many novice merchants. I will also read these books if I did not do it earlier

I will also love to read some if not all of the books. Please share the books here.

[modmalaney]

multiply the reading either from different sources. a lot of knowledge about the things that you want to trade either any type of coin. and the most important thing does not be greedy thought of profit but based on an analysis.

[AlanShlafter]

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

You can follow some altcoins for a couple of days and also make some research about their project roadmaps. You can buy them before an important event on their roadmap, and after or close to that event you can sell from higher price. That is just one way for buying cheap and selling high.

[tomsoier]

I would advise you to read more information about cryptocurrency, read more articles on this forum, always follow the news and choose for yourself some traders to follow their actions.

[lienfaye]

Since you are newbie in crypto world its better to educate yourself first, start with reading posts here in the forum related in how to trade wisely. There are also many infos on internet regarding trading for beginners from various sources read the pros and the cons, this can help you to understand the important points and what to avoid when you are just starting. In my experience its better to go as planned and set aside emotions to prevent panic selling or being greedy, and invest only what you can afford to lose.

[vyg]

Read the forum. There is a lot of good and useful information here. I hope she helps you.

[katyam]

I made many mistakes when I began to trade. I went to the market at the highest prices. Only then, when the money was already invested, I began to study the information. Saved only that the amount was small and I averaged the position. Do not repeat my mistakes.

[HAI11]

Better be advised that you should buy low and sell high if you want to trade wisely and don't forget to spread your budget on trading not focusing on one or two coins only.

[lifetimebitcoins]

never keep long positions on any trade take short-term profits and exist from the coin always follow news in twitter don't get panic in fud rumors news and sell ur coins

[Claudyah]

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

Bitcoin trade can be equated with trading goods or foreign currency. The profits you get are purely based on the selling price and the purchase price of the product. You buy the product, then sell it at a higher price so that it makes a profit. As simple as that.