5 tips for cryptotraders!

[lmoelmoe23]

Hello, I would like to give advice to beginning traders, perhaps many people know this, but not all, especially they are relevant for today's market.

5 tips for cryptotraders!

1. Do not buy up everything that see!
Presently very much tokens and every day them to become yet more. Even to the professionals difficult at times to recognize scam tokens, that to talk already about novices. If you begin the way of trader only, trained first on stable currencies with large capitalization.

2. Do not spend too much time on trade!
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.

3. Not panic!
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well.

4. Don't get fooled by tricks!
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.

5. Choose the right exchange!
No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people.


I hope someone was useful. Good luck and big profits! BTCBTCBTC

wow thank you for this suggestions and advice. I'm still starting with cryptocurrency. This is a good start for me.

[1714502612]

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[1714502612]

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[jets567]

It all sums up to do your research first before making any move on this type of environment, time is a really big factor also. I believe timing is everything but in order for you to learn little by little don't just believe on what you are seeing like news or any other hypes. Do your own research in order for you to evaluate the information that you are getting. I believe we are all thought by our school mentors to conduct research first whatever major we are in.

[pageraji]

one more, you must know when to cut loss and when to buy back again when dip is coming...trading is a fun, enjoy the waves

[dpa85]

I don't think is bad idea to spend to much time in trading because it is really worth it to gain more profit. The more time you spend time in trasinng the more possible you earn money. But most of your tips is very helpful to those people who want to start trading so they can use this tips to become successful.

Of course it is! and the more time is spent on the exchange, the more experience we get, even on our intuition!

[coolon]

I don't think is bad idea to spend to much time in trading because it is really worth it to gain more profit. The more time you spend time in trasinng the more possible you earn money. But most of your tips is very helpful to those people who want to start trading so they can use this tips to become successful.

I'm not saying that spending a lot of time is a bad idea. You need to spend it wisely.
There are people who spend a lot of time and can not find a good deal, and can make a mistake. It's not easy to spend a whole day at the computer watching the charts, from personal experience.If you do not have such a problem then it's good.

[coolon]

6) Be patient. Understand the 2nd degree volatility inherent in altcoins. To catch a good bull run for exponential returns, you can attempt gridding (increasing the proportion of

your entry multiple times as price goes down), while normally a risky methodology, this can give you astronomical returns for high volatility products.

Yes you are right this is one of the most important trader qualities about this I think everyone should know.

[FoBoT]

Very good information for all especially new trader as this will help them if they follow the precautions very well avoid loss. Above all, take time to do your research about a coin before you invest in it and be sure of the strategy you want to use in terms of holding and be very patient with decision making as it will help you avoid making mistake.

[fulmetal08larz]

These are very good tips. We also need patience and discipline to stick to our strategy. When the price of the coin you have invested in have reached your target price, do not be too greedy and hold it for too long - Profit is profit. When the price of the coin hits the bottom or below your entry point, make sure to trigger the stop loss. The crypto market is all about the strategy of each investor.

[itsv]

And only invest which you are willing to loose, Don't be greedy  when your investment goes 3x take your initial investment out in that way you don't have to worry about the price as you are already in profit. Only opt for day trading if you know what you are doing as its different from normal stocks trading its highly volatile...

[eagle10]

There is not only five tips in crypto trading but many. You just have to be patient to try to implement them for better result. However, if you rush things up not only in cryptocurrency trading, the outcome will result in a mere bad output. So don't rush things for good result.

[spencer13]

patient and hold, research your tokens before buying anything

[Klovezio]

Hello, I would like to give advice to beginning traders, perhaps many people know this, but not all, especially they are relevant for today's market.

5 tips for cryptotraders!

1. Do not buy up everything that see!
Presently very much tokens and every day them to become yet more. Even to the professionals difficult at times to recognize scam tokens, that to talk already about novices. If you begin the way of trader only, trained first on stable currencies with large capitalization.

2. Do not spend too much time on trade!
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.

3. Not panic!
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well  and remember patience is the golden rule..

4. Don't get fooled by tricks!
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.

5. Choose the right exchange!
No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people.


I hope someone was useful. Good luck and big profits! BTCBTCBTC

Good share. Right exchange is really important. Including security, good rate, low transaction fee.

[boranes]

Read news but don't blindly follow them.
Make your own decisions.
Learn to read FUD and learn when is right time to buy.
Read, read and read.
Don't trade with emotions.

[BarbieCasino]

Hello, I would like to give advice to beginning traders, perhaps many people know this, but not all, especially they are relevant for today's market.

5 tips for cryptotraders!

1. Do not buy up everything that see!
Presently very much tokens and every day them to become yet more. Even to the professionals difficult at times to recognize scam tokens, that to talk already about novices. If you begin the way of trader only, trained first on stable currencies with large capitalization.

2. Do not spend too much time on trade!
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.

3. Not panic!
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well  and remember patience is the golden rule..

4. Don't get fooled by tricks!
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.

5. Choose the right exchange!
No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people.


I hope someone was useful. Good luck and big profits! BTCBTCBTC

Good share. Right exchange is really important. Including security, good rate, low transaction fee.

yes right exchange is some thing matter because their are huge number of exchange some of them are centralize and some are decentralize we should go to secure exchange and to choose those exchange in which huge number of traders are doing trade like this exchange we can clearly say that exchange are secure.

[Claudyah]

agree.
money management is a super important thing!

If all this time you used to set aside the remaining salary for savings, this time try to set aside salary for savings before you use it for everyday purposes. This is useful, to suppress unnecessary expenses. or if you invest try to increase your investment.

[lmodric]

tips that are very useful for beginners like me.
here I am many degrees about the views and ways of trading in the world of crypto. I believe cryptocurency is the future that will be in the interest of many people in this world

[saganpav]

Hello, I would like to give advice to beginning traders, perhaps many people know this, but not all, especially they are relevant for today's market.

5 tips for cryptotraders!

1. Do not buy up everything that see!
Presently very much tokens and every day them to become yet more. Even to the professionals difficult at times to recognize scam tokens, that to talk already about novices. If you begin the way of trader only, trained first on stable currencies with large capitalization.

2. Do not spend too much time on trade!
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.

3. Not panic!
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well  and remember patience is the golden rule..

4. Don't get fooled by tricks!
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.

5. Choose the right exchange!
No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people.


I hope someone was useful. Good luck and big profits! BTCBTCBTC

I think the third and fifth rule are very important for every trader. Indeed, you never need to panic, because panic scares money.
It's also very important to choose the right and safe exchange, because there are now many fraudulent exchanges.

[untugede]

Very good information for all especially new trader as this will help them if they follow the precautions very well avoid loss. Above all, take time to do your research about a coin before you invest in it and be sure of the strategy you want to use in terms of holding and be very patient with decision making as it will help you avoid making mistake.

maybe this kind of information is expected by new traders, and indeed we should do research and research first, before we buy one altcoin to make investment or trade, there is no other way than we have to remain patient to keep the coins we have at the moment the price is on the downs, and most of the new traders when the coin prices they have on their downs in panic and make the mistake of selling the coins they have, which in the end make them have to suffer, defeat.

[logicgate]

And only invest which you are willing to loose, Don't be greedy  when your investment goes 3x take your initial investment out in that way you don't have to worry about the price as you are already in profit. Only opt for day trading if you know what you are doing as its different from normal stocks trading its highly volatile...

  In other words, one should invest only the amount that is not needed in the near future for consumption. It is not just the money you are willing to loose. No one should be willing to loose any amount and should rather enter the market with perfect knowledge and information to earn good. Investment in coins with good market reputation and price stability renders you earn good and loose less.

[Katabit]

It is very important that novice traders read and study serious literature. No, I'm not against these five or 10 steps for beginners. But this will not give absolutely nothing to a man who really only started trading on the stock exchange. And I highly recommend reading the main works on the economy, cryptocurrencies, technical and fundamental analysis.