Teach me how to fish

[Baby Dragon]

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

You need a fishing rod, a place with lots of fish and the right strategy for fishing. Fishing is not so easy either. Anyway, to being successful in trade, you should not move away in every mistake, on the contrary get closer. Remember, the best lesson in trade is taken from bad experiences. And do not be ambitious to recover your old losses. Also do not try to make a quick gain. "Do not wait for the fish in your location, look where they are".

I always remind this to myself because I know that not all of your mistakes is bad most of them are just challenges to make us stronger and wiser, it depends on us if we are going to acquire it. Trading is speculative and it is difficult, you need to put a lot of your time and effort to earn profit. There will be some times that you are going to experience losing and you just need to use that experience as an inspiration to make yourself more knowledgeable. You should consider your past experiences because it can help to build a better you in the future even on your trading. Having enough patience is also needed, you don't have to feel so hopeless that you are not going to earn because you have lose your chance before. There will always be some room for new opportunities and learning, you just need to open yourself for it and be patient just like on what they have said that in every difficulty, there is an opportunity.

[danherbias07]

Good guide?
I don't think that really exist.
You mean something that will surely give you profits in a small amount of time? No. Still that doesn't exist. They are all just make believe or just scammers where you will pay them for a guide with sure profit. Something like trading signals which are still scams.

If you want guides, here are some.

https://bitcointalk.org/index.php?topic=5205945.0
https://bitcointalk.org/index.php?topic=5204613.0

Credits to the owners. I hope some of them will help.

[OneCoinMan]

This is not possible, since there is no recipe, everyone must come to their own system by trial and error, and those who say that they can teach you mostly liars. Just absorb all the information from the Internet and someday all this information in your head will come together and create a recipe for you, as everyone has their own psychology and strategy for trading should also have their own.

[Pinkris128]

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

Don't just buy any crypto just because the prices are low because it can also become lower. Only invest on the cryptocurrencies that have a good foundation and has higher chance to survive in the market. Target the low income but safer trades if you still can't afford to lose in high risk trades.

[shoreno]

your title reminds me of an old bible verse slash / qoute  .  teaching a man how to fish is indeed better than giving him a fish   . i can see that your thread now have a 4 pages reply , so i assume that you already recieve alot of tips and advices on how to improve your  trades  . trading is not just an alternative but trading is consider as the best way to earn a crypto  . what you show is right . you must try again and one failure should not stop you from doing what you love  .

[jagaban]

Trading itself is not a guarantee that you will earn profits every time. I have been there and I have made losses like all other crypto traders when the market suddenly switches to a red one. That said, even knowing how to fish is not a certainty that you won't end up catching seaweed instead of fish

[pundit]

If you search the web,you will find plenty of material about trading. Babypips is one site where you can start from basics and can finish at expert level. If you really want to learn then start from basics, steadily and slowly its only your experience which can win the market. Two different people trading same strategy are not winner both that means trading is more of a psychological game.Gain more and more experience, market will start talking to you one day.

[mr_random]

For learning how to fish, you need to change your attitude towards the market and investment. The experience is a good teacher but you should have the market understanding, money management, trading techniques, indicators- technically analyze, fundamental research and more. Before making an investment you have to make your own research and learn from your past mistakes.

[LouVandetta]

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

Ehmmm, take those failures as a lesson then. You know, trading is like a mind game. You need to have fully control of your emotions so you won't make too much mistakes in the process. Try searching on youtube, reading some articles and reading through the forum, you'll find enough information to get you to start trading.

As for your past experience which was a bad one, here, try to remember what made those experience so bitter that you're afraid to carry on? It's not all about buy low-sell high. Since you won't be always making every move counts. You also need one of those failure, so you'll know what you did wrong, what went wrong. As for you to fix those errors.

Just like how you're fishing, patience is the key.

[romanij]

I think that no one simply so you not will give valid and good councils. People spend a lot of money to develop a strategy. Most likely you will be offered to take paid courses or paid distance learning. Try to learn for yourself using information from open and free sources as well as gain experience and you will have a very good understanding of your own trading strategy. And most likely you will not give it to anyone for free either. After all, you will earn on the losses of other people.

[Chicky213]

Just go to google or youtube and find tons of courses and tutorials about how to trade. Remember that 95 percent of traders are failing to multiply their deposit, be careful and do not let greed to make you to lose money.

There are tons of courses about trading but before one should venture into trading, they really need to be a bit experienced. Online course are just like a theory, one need to practice severally with little funds before risking huge funds

[yulionoo]

of course the main strategy in trading is to buy when low and sell when high. but cryptocurrency that has volatility is difficult to guess, we must be careful in every decision. and we have to spend a lot of time monitoring the movement of coin prices. if the coin has increased 20% - 30% then I will sell it and when the coin has decreased 30% I will start buying again. I think it's okay to get a small profit that is important not to lose. and reliable coins when the bear market is like this I think it's just bitcoin.

[joshua123]

Trading is not simple and many had learned their lesson on this kind of investment that nothing is easy and having profits are either youre lucky or you did youre best analyzing the headache of trading.

Some people making money and so easy for them to profit in trading. Why? Simple they know how it works, also their confidence are boost as they believe on the technical analysis theyve working on and analyzing.

[Mealea]

It is actually good to learn from people but can also be very dangerous considering what has happened in the past. If trading is not working for you just try out other things.

[angrybirdy]

It is actually good to learn from people but can also be very dangerous considering what has happened in the past. If trading is not working for you just try out other things.

What's the point of learning if you can't even take the risk? If you think that it is dangerous, how can you move forward to be a better crypto user if you can't face a failure. If trading do not work in the past, trying it again won't give you enough harm to make you fall, it's better to try than regret it.

[oktana]

- Get to know every bitcoin movement, understand from all available timeframes, this really determines your position when trading altcoin.
- Get to know every coin you have ever traded, even in bearish conditions, features like OCO orders can be very useful. Don't expect profits to be too high, every increase in their percentage can be understood, even though it's not always the same.
- Be patient and not panic is a determinant of how your abilities can be harmonized.

[VeeTeaSee]

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

hmm i really dont believe in trading but more in investment.. investment is the real fishing (you know because of the patience and all)
but i know few books you can read - best guides are books not people
"market wizards"
"trading sardines"
search "alessio rastani 5 trading books recommendation" on google for more books...

[shodik007]

yes the biggest income for now comes from trading and of course to do this activity you must have the basics beforehand such as understanding market trends. this requires quite a long time, not just 1 or 2 months

Go back to scratch and learn again how trading is done. There are quite plenty of youtube tutorials for a specified exchange so that would also be helpful for you to choose what exchange can you start trading again. You should be able to learn also in tutorials on how trading tools function and how can it aid you in making decision to sell or buy again. Strategies is better explained in execution of videos rather than written so just watch video for that too.

I agree with this opinion, it's better to learn by practicing directly

[gabbie2010]

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

The ball is in your court to decide which strategy or guide is the most appropriate one for trading a bear market with the numerous ones available on the internet just pick one study it and practice if possible using a trading stimulator to access your performances before trading with your fund remember its difficult to buy low and sell high as its widely speculated because it difficult to know the bottom or exact point to buy however a wise trader would capitalize on the fall in the price and continue to sell ie ride with the bearish trend.

[gabbie2010]

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

The ball is in your court to decide which strategy or guide is the most appropriate one for trading a bear market with the numerous ones available on the internet just pick one study it and practice if possible using a trading stimulator to access your performances before trading with your fund remember its difficult to buy low and sell high as its widely speculated because it difficult to know the bottom or exact point to buy however a wise trader would capitalize on the fall in the price and continue to sell ie ride with the bearish trend.