Suggestion for trading

[kkaroul4]

if my suggestion to be a genuine trade person should have a great sense of patience and never panic with a fall in market prices. because there are so many people who are successful when trading

[1714871404]

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[1714871404]

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[adsdas]

dont have any good way to make sure 100% safe trading. and the good way to learn how to control your emotion, your money.

[biboy]

Like everyone is suggesting, I would suggest that we should have a knowledge in it, we should start studying the basic things and terms of it, don't jump easily into trading by just taking risk, yes taking risk is good but it is not good if you are just entering into a war without any bullet in your gun.

[coynedterm]

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?

In my opinion no one simple ways are available to become a good trader because to be a good trader we don't need to have particular knowledge but you need to go through the whole market of the cryptocurrency and also you will need much about the analysis about the altcoins and coins yourself , like you should find that coin that was in hype to go up but right now that is at down price , and then buy that coin will be better option to make profit .
In this way you will get better success and better understanding that how to deal with Perfect..

[Cryptoproff]

My advice is to be yourself not to be fooled by others who will make yourself frustrated,don't be afraid to lose cause all traders have felt it and always follow the trend see where he is placed.

[ici_lemmy]

my advice for you is do not believe anything without information. There are too many fake news in the market. Sharks and Whales wanna scam you by pumping or giving the unreal news. You must check everything carefully before investing

[yanlap]

Don't rush to buy a coin when every one is buying find a good entry price and don't panic when market continuously fall. always find a stop loss point to minimize loss invest only in coins you think can give good return in the future don't risk in highly speculative coins.

Everyone usually fail to do this at their early stage and gamble their position a lot in the market just because they want to get the perfect price and because of that, they even force technical analysis into going right with their plans. It is always good to have a strategy and let the market be ahead instead of trying to play hiding and seek with the market. Get the right position that will give you a better chance of winning and still at the same time not forgetting your stop loss.

suggestions for new players who just got to know trading and have just become a better trader you read some articles that can provide information to you to be able to know the right time to buy and the right time to sell coin.

Read, keep reading and never stop reading. You cannot know everything in one day and that is where learning gradually helps you to get the right strategy to stick with and make a successful trade. Generally, there is so much to trading than just buying and selling at any point and this is where a lot of people who want to be a trader from the beginning always get it wrong as that does not make them to plan an exit even before entering a trade.

In order to enhance trading skills and market understanding, it is best to familiarize it's nature, do research, talk to influencers, watch related videos, and challenge yourself to learn new ideas everyday. Since it's risky, it is important to not be afraid of failures instead learn from mistakes inorder to grow and be productive.

You just follow the market rules in order to trade smoothly without any difficulty or problem. While trading you have to work according to the market guiding principles that will lead you towards your desired place. The market is favorable for trading as we know that the market value is low and coins are affordable and achievable at low price that will make you able to get profit.

[umbara ardian]

the usual mistake when trading is you can not control your patience so you are easily affected by other people's talk and affected by market conditions, therefore you should be able to control the patience you have, that's my advice.

[jakezyrus00]

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?

First of all you need to take the risk losing money but that is the reason why you should be careful. You just need to be sure about the token/coin you want to buy. You can study the movement of the coin by means of reading the project itself, joining some groups (telegram) and asking different people's perspective about that coin.

Its not by risk you can do success in trading but making an assurance should be learned through experiences. If you know exactly how to risk despite of how knowledgeable you are, then that's great because from the leanings you acquire you have courage to face the risk in trading. Without certain knowledge you won't be able to decide to face the challenges so you won't be able to face the risk, and you won't lose money if you hold longer.

I disagree with you my friend. There is always have a risk even if you are already experience when it comes to that field. There is a lot of project/coin that if you will read and study, you will end up thinking like "it is a good and potential coin" but at the end it is just another common coin that will not hit the market.

[iram1011]

do you have suggestions , how to avoid mistakes in trading and take less risk ?
and what need to learn for be a good trader ?

Less risk would mean making lesser money. I am sure you won't want that.
The best way to avoid risk is to have stop loss in place. By putting stop loss, you would automate selling of all your coins if the coins lose 10% of their value. By doing so, you would ensure lesser risk. But, trading and have NO risk would never be possible.
Apart from this you can consider buying coins exactly after an ICO and before they are listed on an exchange.

[mkhadazz]

for trading I only give suggestions not to be easily influenced by market conditions or others, and you should be able to control the patience and must be confident that you can get the maximum profit.

[Osarman]

To be a good trader, you must first to learn from your mistake, take itas a great experience not a very bad experience. This will will built your skill and emotion to more suitable in trading. You mind is set up be more accueate to not happen again that experience. Next, gain knowledge from environment, gain and aplly to yourself. There are a lot of good videos can you watch, these different skill or technigue of a trader will make you more proffesional

Learning from your mistake is always unimportant for someone who possibly does not even have any knowledge about trading at all, because you will keep learning from those mistakes and still end up doing so bad at the end of the day anyway and still not learn anything.

Learn from other people's mistakes, learn all the basic things you need to know about trading and how to use some tools for effective trades, and maybe you can start learning from your mistakes to gain some confidence in the long run.

[jayhawk1]

Trade when you feel the most mental. I think first of all to control your greed, set goals for each transaction and not greed

Trading is not an easy thing to do and that you can’t do that until and unless you are mentally prepared to get into it as there is a high probability of the risk in doing so and that there are likely chances of loss of your money too. Before getting into trade, you must master yourself and that you must gather all the necessary information and knowledge regarding the things to perform better.

[stellgod]

Being confident with the token/coin that you are holding is very important to lessen such risk, if you are well aware of that project then you won't get any panic each time certain downfall happen with what you have, each fluctuations bring certain reactions if you are a believers you will be able to hold and be patient enough to wait till you reached the peak that you desired with your investment.

I really want to believe that being confident can only be applicable when you have great trading knowledge and some experience over time. What you are doing is to trade the market fluctuations and you do not want to be in a particular market at the wrong time, no matter how much confident you think you are on the token you are holding. That can only help you in not bag holding a shit coin but not when making trade decisions.

[abel1337]

Being confident with the token/coin that you are holding is very important to lessen such risk, if you are well aware of that project then you won't get any panic each time certain downfall happen with what you have, each fluctuations bring certain reactions if you are a believers you will be able to hold and be patient enough to wait till you reached the peak that you desired with your investment.

I really want to believe that being confident can only be applicable when you have great trading knowledge and some experience over time. What you are doing is to trade the market fluctuations and you do not want to be in a particular market at the wrong time, no matter how much confident you think you are on the token you are holding. That can only help you in not bag holding a shit coin but not when making trade decisions.

Ofcourse , Having enough knowledge to trade empowers your self confidence on trading because you are trusting yourself in making a trade. Making yourself over confident will destroy the limits and barrier that you set up to yourself to avoid loosing some profits.

[OrangeSeller]

Risk management is key for any trader. Dont invest more than you are willing to lose.

A huge key which so many people even while learning some pretty good basics about trading always fail to learn. It is very important to know how to manage your funds when trading and know how to stand a better chance in any market based on risk without flopping so bad. For instance, some may go all in on a trade, rather than trying to diversify into other markets, and even while diversifying, they should be able to spread risk in each market to know how to easily buy in or take profit as well.

[apityeh71]

To make the risk of trading less is dont  be greedy and take profit between 10 to 15% pertrade. And don't forget use stop loss in every trade. And because all crypto in high volatility  is better to trade in pair USDT so will be make easy to calculate  profit and loss. And also don't use all money for trading at the same times, for example if you have $1000, use only to buy coin $500 and remaining keep in USDT and use it to recover loss when first open potition  in loss.

[Sadlife]

If your new to trading i suggest to invest your money to well known crypto currencies and take time to research to know the pros and cons on how to spot scam and some good projects also learn price analysis, indicatators and once you have learned that you'll be able to come up with an strategy in trading.

[ngefek berat]

If a person starts trading the patience is needed to anticipate the occurrence of losses.In addition, price observations are also important in order to create opportunities for them to continue to earn income every time.

[MuhNofa]

do not panic when the price of the coin you are trekling continues to fall and you have bought it above keep it hold and wait for the right time to resell it, this is my only advice