Trading Tricks For Newbies

[Best Dreams]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

If you are lucky then you will win otherwise it will be not a good idea. Yes, I respect which you are thinking but it's so tough to understand perfect bottom. sometimes you can lose your all investment by that way. I think we should invest more coins than only one coin.

Well mate for New users it is not good to apply more coins. First it is the most important step is to gain knowledge and skills and after that you should try multi coins. Traders should be very careful because its about skills and information. Learn the more and invest when you see price is low and you can.

[1714635573]

1714635573

[playboy654]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

If you are lucky then you will win otherwise it will be not a good idea. Yes, I respect which you are thinking but it's so tough to understand perfect bottom. sometimes you can lose your all investment by that way. I think we should invest more coins than only one coin.

Well mate for New users it is not good to apply more coins. First it is the most important step is to gain knowledge and skills and after that you should try multi coins. Traders should be very careful because its about skills and information. Learn the more and invest when you see price is low and you can.

Every person has their own tricks in this field there is no succeeded tricks are available for trading and especially Bitcoin trading will not be find table by anyone it will all about the running flow. be your own mind it will be the right trick.

[sujonali1819]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

Yes 3 part trading is a good part of trading. And people should always research before buying. And should choose a coin which is promising. And more newbies are not control their emotion.So should must control emotion.

[nydiacaskey01]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

This is the hard part, when do you know if its the dip or it will continue to drop? it takes a lot of experience in reading charts and graphs to determine one and its very risky. Another is timing and emotion is very important when you buy during the dip. People tends to panic when they see a huge dip already and might sell off when they feel its hopeless.

[raven7886]

when do you know if its the dip or it will continue to drop? it takes a lot of experience in reading charts and graphs to determine one and its very risky.

I believe no one will be able to predict the accurate point of dips and that is the reason experts are always suggesting to go for buying at a regular intervals so that you will never miss the exact dip levels. Yes, we need to buy at regular intervals so that definitely we can catch some dips. It means we should never go for investing all our money in one single shot.

Another is timing and emotion is very important when you buy during the dip. People tends to panic when they see a huge dip already and might sell off when they feel its hopeless.

Controlling emotion and waiting for market to cope up, is just a part of basic essentials to get into trading. When we are not ready with this part of emotion control then it should be always better to stay away from trading. Because, we cannot assume when we will be having market to go as per our expectation then it is always good to control our emotions so that waiting for right market will not be a problem.

[truongdhnh]

The only downside is that you don't know when the price has reached the bottom price before you go and and purchase and you also have to identify when is the best selling price you need to more and dig yourself with TA to be able to get a good success rate with this strategy.So its important to watch and price and identify the best buying points to at least mitigate the risk. For newbies, its really good to just buy and HODL before you learn how to play with the market.

Yes, If someone is newbie then learn trading with small amount. Do not put your whole amount during learning period.

I also agree with your opinion that knowledge from investing or trading is essential and important. But we should consider that the capital cannot be dropped and lost on lessons. Trading with a number small is still the most practical for new people.

[Misterf]

The first rule For Successful Trading is: Never place a trade blindly without doing your own research.

[Kevin77]

I believe no one will be able to predict the accurate point of dips and that is the reason experts are always suggesting to go for buying at a regular intervals so that you will never miss the exact dip levels. Yes, we need to buy at regular intervals so that definitely we can catch some dips. It means we should never go for investing all our money in one single shot.

I agree that no one will be able to predict accurate levels of where the market will turn. But, for that reason how we can keep buying all the times given that how much capital an average trader will be having. I mean to say there are a lot of practical problems for implementing this kind of suggestion as no one will be preferring to buy for very small amount every time so we need to check many practical things before going for this kind of ideas like buying at every dips.

Never place a trade blindly without doing your own research.

This is what has been emphasized in this forum many times like 'every trader must know what they are actually doing while trading'. It means we should not go for trading by believing in to someone else's calls because no one will be taking care of our capital like we will do. If we are strong in our research and analysis, making profits from trading even for newbies will not be a big challenge.

[Timmzzy]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

This is a awesome tricks for newbies I definitely welcomed the fact you are putting up some knowledge in them, and in my own add up I will also say to newbies never start a trade if you know you ain't capable to understand the market and also don't start a trade with low capital.

[whirlcoin]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

This is a awesome tricks for newbies I definitely welcomed the fact you are putting up some knowledge in them, and in my own add up I will also say to newbies never start a trade if you know you ain't capable to understand the market and also don't start a trade with low capital.

The new people who entered into this field should definitely accept the problem and difficulties are hearing this field if you crossed that problems then you can definitely make some more profit each and every month this is my little opinion for newbie people

[Yamifoud]

Trading is not very simple for those traders all strategies they know can't work because of the situation in the market it shows that every minute your 1000$ money will loss in just one click if the price dumps.

Truly isn't easy specially if you don't have courage to risk and you don't love your doing. There is no need to used a hundreds of strategies but 2-3 strategies are good enough as it is effective. You can apply one of them that could fit on the situation and to see if it is working, otherwise you'll used the other one.

[faceoff97]

Simply buy and hold with the cost you can afford to lose. Crypto is volatile, it might cause you to gain great and lose even more. But knowing its past track, we couLD expect higher price, this time take opportunity to buy as much as you coukd and store it in Hodler wallet which will provide you great security of your assets.

[xenxen]

if you're newbie in trading do not put to much money first just start in small amount then learn how to trade to raed candle timing and strategy before invest in big amount.

[anume123]

Good strategy for newbies but always remember that no one can say what will happen for it's price either it's gonna pump or dump. Also starting in trading before newbies will start also remember trading is a risky investment.

[bittraffic]

$900 isn't something significant to trade, you'd be profitable if you do it on tokens like doge or holo which recently just boost up. You'd get more than a million for such coin and then a slight difference of price you can already sell your position and then buy back again when opportunity knocks. if suddenly pumped, you get a lot of money from it.

[Aivaryamal]

The best tips for beginners is that you do not need to chase immediately for a large profit, even 3-5% profit per day, taking into account the complex percentage easily converted into 100% in two weeks, remember this

[wayaneka]

In my opinion best strategy in trading is to understanding price action of crypto and the trend of market. Knowledge about technical analysis is needed to know the trend of market and to determine support and resistance area. With high volatility of crypto, really hard to know the top price when bull market and where the bottomed when the price downtrend. So make risk management will be the most important things, like use stop loss and trailling stop.

[Harith65]

Newbies had not better trading much amount of money.  If we are starting some thing we had better start by small amount. If we study about trading and sites of trading is valuable thing for newbies. There are many sites and forems for trading ideas and discussions. We can use those for study. By using small amount we can use various types of trading sites. We shoud consider about trading and transaction fees

[naruto7676]

Trading is not very simple for those traders all strategies they know can't work because of the situation in the market it shows that every minute your 1000$ money will loss in just one click if the price dumps.

[bit-freedom]

Thank you OP for the 3 steps trading, it consists of the trading basic and should be helpful for newbie starting out. For step 3, I think it is the most difficult thing to do. Since we won’t know how low the price will go to.