Teach me how to fish

[seleme]

In order to learn how to fish, you should have some basic equipment. Base in this situation, you already have the basic equipment and that is the internet, eagerness and also the curiosity. You should equip those things very well in order to push yourself to dive into the internet to explore and gather more information related to trading. If you don't do it by yourself, then you are not asking to learn how to fish but you are asking for a fish.

I think people who want to trade have understood that about how it trades and more information about cryptocurrency. And I think that person already knows how to determine the right point for buying and selling coins to be traded and the important thing is how we look for opportunities from good coins to trade.

I believed you both don't read what the OP said before making this post because he was already into cryptocurrency trading before but never turn out so well for him and he's asking for the right guide which will make him trade successfully instead of making losses.

Overall the general information will show the end light for finding the right way on the trading journey. The crypto market is not a good place to start the risky trading strategies, the meltdown can wipe out the gains faster than the blink of an eye. Losses are inevitable, just they need to learn how to turn the loss to profit.

[BartS]

The best way for you - to start with a theory. Learn the basic terms and strategies in trading. Then start testing them in practice. And only after you try everything, you will be able to determine for yourself the most working strategy that brings the most profit.

The key to all of this is to test whatever strategy that you are thinking on employing, one very common mistake that I see in the forum is the newbies try a strategy that they read about on the Internet but they do not really know if they can obtain profits with it, they are just hoping that whatever they read is in fact a useful strategy.

And that is not really a way to trade the markets because when things get difficult you are more likely to stick with your method if you know 100% that is profitable.

[103deltafox]

I see here that you are mainly interested in daily trading but I think you start with investment like buying some good coins when they are low then you sell when there is at least 10 percent price increment gradually you will understand how to enter a trade low and sell high.

[Bitbtc8]

To start trading you have to be determined, there will be loses and there will be gains as well but learning with your determined mind will make you a pro trader in no time, if anyone tell you they don't lose will trading its a big fat lie

[BartS]

To start trading you have to be determined, there will be loses and there will be gains as well but learning with your determined mind will make you a pro trader in no time, if anyone tell you they don't lose will trading its a big fat lie

One very common misconception about the markets and their successful participants is that many believe that those that obtain huge profits never make mistakes and that is not really accurate.

Losing money from time to time is expected if you are thinking on becoming a professional trader but that is not really a problem especially if you use a stop loss and you control your emotions, but for some reason as soon as some traders lose some money they see it as the end of the world and commit all kind of mistakes until they have damaged their capital to the point they will never recover their money.

[Amel]

~snipp

Overall the general information will show the end light for finding the right way on the trading journey. The crypto market is not a good place to start the risky trading strategies, the meltdown can wipe out the gains faster than the blink of an eye. Losses are inevitable, just they need to learn how to turn the loss to profit.

Only whales know how to turn a loss into profit, just as when there is massive dumping, that's when there is a whale that makes a profit. We are only required to think how the whales thinks, if not then we who will become whale's food, trapped in losses.

[DevilSlayer]

In order to learn how to fish, you should have some basic equipment. Base in this situation, you already have the basic equipment and that is the internet, eagerness and also the curiosity. You should equip those things very well in order to push yourself to dive into the internet to explore and gather more information related to trading. If you don't do it by yourself, then you are not asking to learn how to fish but you are asking for a fish.

I think people who want to trade have understood that about how it trades and more information about cryptocurrency. And I think that person already knows how to determine the right point for buying and selling coins to be traded and the important thing is how we look for opportunities from good coins to trade.

I believed you both don't read what the OP said before making this post because he was already into cryptocurrency trading before but never turn out so well for him and he's asking for the right guide which will make him trade successfully instead of making losses.

Overall the general information will show the end light for finding the right way on the trading journey. The crypto market is not a good place to start the risky trading strategies, the meltdown can wipe out the gains faster than the blink of an eye. Losses are inevitable, just they need to learn how to turn the loss to profit.

Losses are part of the process, we should not be afraid to make mistakes sometimes. The more the losses, the more passion and hardwork that we will do in order to regain the money that we lose, lose is part of process but we should make sure that we will learn from it in order to avoid that kind of situation in the future. A good trader are not arrogant and a good trader is accepting new ideas from other people.

[MuffinMaster]

OP you have lost once and still wanna try again. You must understand that trading is not an easy thing to do. It requires proper skills and training before you actually start doing it. Why dont you just learn trading first?
I never recommend trading as it always leads towards loss.

[mamesso]

The crypto market is very difficult to predict, don't into the world of crypto without having mature knowledge. As a beginner crypto trader who expects to make a lot of profits from trading coins, there are so many traps you must avoid. crypto trading can give you huge income in a very fast time,, but you can also lose everything you have invested in seconds because of the results of its volatility.
So, before trading you must avoid several things:
1. You must learn to understand the conditions of the crypto market.
2. Don't use emotions when you make a decision.
3. Don't believe in any information that you read without your understanding it first.
4. Choose a safe exchange from hacker attacks.
5. Don't invest all your money in one coin.

May add if there are ...

[Sadlife]

What i did to learn trading, is watch some expert traders in youtube and they're great teachers actually, they teach how they trade and analysis the market. That's just basically a financial advice from them but as i watch i am learning and able to acquire some tips and tricks from them. Guess this is how some people put it "The way to learn is to copy tricks and techniques from the pros."

[cotton ball]

I only allow what update news for bitcoin and altcoin, not have unique way how to start trading with bitcoin and altcoin because I think only with new coin listing on exchange market have profitable for trading and some time we are looking with hard fork time with some altcoin to invest and trade, there are not have chance if trading only allowed what people said.

[ampere]

In reality, when it comes to trading, nobody teaches anyone to fish to perfection
You find the type of fish you desire, master it towards perfection and flex it

Instead of finding trainees, develop yourself and dyor

[oktana]

What i did to learn trading, is watch some expert traders in youtube and they're great teachers actually, they teach how they trade and analysis the market. That's just basically a financial advice from them but as i watch i am learning and able to acquire some tips and tricks from them. Guess this is how some people put it "The way to learn is to copy tricks and techniques from the pros."

It is better to copytrade their portfolio offer, but this is not recommended without preparedness to face the risk.

I am also fortunate to find a local trader community and they always communicate actively every day. what I get is how they respond and prioritize loss formulations to be kept as low as possible, they always take the opportunity to collect every small profit and all are reactively discussed.

[KimmyF]

Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish

Hope we all are starting get good reward from trading or holding. Because Bitcoin halving time is fixed next year may, only waiting for Ethereum 2.0. Don't need to be more fish because we saw Litecoin price after Litecoin halving this year. No problem there we can't expect as much as 2017 or more but can deserve approximate.

[TheICE007]

It is true, most people say the best way to earn in this bear market is through trading, I am not also too good, so what I do is watch the price of a particular token that liquidity and then check the best price to buy and also I set price to take a little profit, then  I am off.

[Bossfidelity]

Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish

When is comes to trading, the bone of contention is that there's risk involved and your reward is dependent on the risk you're willing to take. I'm personally of the opinion that trading is based on luck and risk. The more exposure you get, the more rewarding it gets.

[BartS]

OP you have lost once and still wanna try again. You must understand that trading is not an easy thing to do. It requires proper skills and training before you actually start doing it. Why dont you just learn trading first?
I never recommend trading as it always leads towards loss.

He obviously wants to learn and seems to be motivated, however it seems that he wants to be instructed in a very precise way about how to trade and that is not possible, a successful trader does not have the time to teach others unless the student is somehow related to him.

But not all is lost, most traders never find a mentor and they have to figure out how to trade by themselves and those are the traders that become really successful as they can generate their own signals and are very confident on their skills since they know how long it took them to develop them.

[Furryball]

You are not going to get what you seek for because no one will open up or give out their real trading strategy, even family friends failed to disclose such info, trading is like a lost island where you need to find your own way if you ever want to leave

[Lantind]

You are not going to get what you seek for because no one will open up or give out their real trading strategy, even family friends failed to disclose such info, trading is like a lost island where you need to find your own way if you ever want to leave

That's right, and I think that's a natural thing, because everyone who trades certainly has their own concept and they also want to seek profit personally, so it's natural that they won't give everyone the strategies they use.

[miklesm]

Trading requires a huge experience in analyzing different markets along with perfect knowledge of techical analysis. I think you can start with reading books about analisis of traditional markets, it is a basis of being a successful trader.