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Author Topic: What Crypto Trading Tools Are You Using?  (Read 202 times)
griffinf683 (OP)
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December 10, 2019, 10:22:19 AM
 #1

I think as a beginner/newbie in trading cryptocurrencies, we ought to have some platforms, guide or something that can help us in our trading activities. Some of my friends and colleagues said that I should look into trading tools or the likes of it. Like this MintFlint that they are recommending to see. But I dont think I can manage to know how to use those platforms and it looks really dumb to begin with. What do you guys think? Should I? And if I should, what do you guys recommend?...
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December 10, 2019, 10:51:17 AM
 #2

When I trade, I only use tools provided by the market because for me it is quite helpful. because tools only help us while our abilities become the core when doing research for daily trading or investing.

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zulfi125
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December 10, 2019, 01:35:34 PM
 #3

For newbies in trading, you should get tips from experts and also learn about altcoin and also check their history and about strong project or not in financials, You can get help from signal providers companies and when you will learn all the things about trading chats and movement of any altcoin than you can see you will be able to trade himself without any signals support.

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December 10, 2019, 01:45:14 PM
 #4

don't try any tool when you can't use it well it's better to learn it first so that you are successful ,in my opinion it would be best for you to use manual options only to adapt to the market and prices try to research the products for your portfolio

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DaMut
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December 10, 2019, 01:49:25 PM
 #5

if you are a newbie you should check this platform https://www.tradingview.com/, people are sharing their thoughts and their strategy in the form of a chart. you also can find their explanation about everything they made there. I do not recommend you to join some special group because the majority are using their bags to draw a chart and then dump it to their followers.
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December 10, 2019, 01:50:28 PM
 #6

as uses with work on customs with the makesup work on helping as referring least on risks with the decision on appealing chance on trading with the market of token exchange more trader to gains as preparing to put with funds as returning with numbers of returns to collects with the project plan.

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Davian144
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December 10, 2019, 02:00:52 PM
 #7

Very simple, you don't need to use any tools to trade, just by using a number of exchanges and applications provided by the exchange so that we can monitor the price movements of tokens or coins in the exchange, and I myself have never used tools to trade.
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December 10, 2019, 02:13:43 PM
 #8

I do not use any tools, just use a few web references to trade like TradingView, here I can analyze at will and there is also news that helps to determine whether you want to buy or sell bitcoin (give a little effect for me), all without need trading tools.

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December 10, 2019, 02:16:59 PM
 #9

all you can do is learning as much as you can. it is a must if you wanna good trader
in the learning, you will understand the trading tool which you think suitable for you
build a good basic trading is a starting to this journey

 
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chaoscoinz
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December 10, 2019, 02:23:33 PM
Last edit: December 10, 2019, 02:46:47 PM by chaoscoinz
 #10

A really good platform for newbs like me to trade on is called 3commas.
   3commas is an API based trading platform that automates trades for you quickly and smartly, so you don't have to give them complete access to your exchange account, only the api key which handles trades only, not withdrawls.
 
    You can "Smart Trade" your buy order, take profit, and stop loss all in one trade. So you can plan your trades and then trade your plan.
  
   3commas Smart Trade offers Trailing Buy, Trailing Take Profit and Trailing Stop Loss.
 
 "Trailing Buy" when activated follows the price down to get the lowest buy prices.

  "Trailing Take Profit" gets activated when it reaches its proper threshold, then the trailing take profit trails as the price movements uptrend, resulting in a higher percentage gained for take profit.
  
 "Trailing Stop Loss" which when activates, trails upward as the price uptrends resulting as a safety net that results in higher percentage gained instead of loss.
 
  Bot Trading: 3commas offers Bot trading, simple bots for trading single pairs & Composite bots for trading multiple trading pairs.
You can even copy other people's bots that are doing successfully well, at your own discretion of course!
 
   Free account: If you trade on Binance only, there is a special account that is free, all features except paper trading. Brought to you from 3commas special partnership with Binance.
 
  Courses for newbs:  3commas offers courses now and has tutorials as well by a YouTube account named: mooninpapa
He breaks down all the tutorials real well and offers training courses for newbs.

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December 10, 2019, 02:24:56 PM
 #11

you can use it for you don't, its all up to you. why should you ask whether you should or not, its all up to you.  haven't tried mintflint but as i see it, it only provide signals to users i don't know what else is with mintflint. do not trust a software to install while its not from well known reputable company.  why not learn to use an indicators yourself before trading. try the tools in tradingview, its all there.

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December 10, 2019, 02:25:47 PM
 #12

The average derivatives which is based on the price performance and tracking the price ticks will help the new traders to understand the decisions of market participants. As a starter package, you can go through the Youtube videos which have a good explanation for the specific tools. In the first year, never pay for the premium services, there are a lot of free education platforms.

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December 10, 2019, 02:26:35 PM
 #13

If you are just starting crypto trading I suggest not to use any trading tools or even using bots. Not very good, and will reduce your experience. I think on the exchanger now it is sophisticated and doesn't start with help tools. You should ask people or users who have frequently traded crypto, and you can also read in the trading discussion thread there that you will find a lot of new things, in the form of techniques and analysis in crypto trading. And a few tips don't get too excited about spending your money when trading, try to be patient, make your schedule neatly organized, always monitor prices and compare from several exchangers or markets before you determine what coins are good to buy and have profit opportunities for you.

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December 10, 2019, 02:32:39 PM
 #14

I think as a beginner/newbie in trading cryptocurrencies, we ought to have some platforms, guide or something that can help us in our trading activities. Some of my friends and colleagues said that I should look into trading tools or the likes of it. Like this MintFlint that they are recommending to see. But I dont think I can manage to know how to use those platforms and it looks really dumb to begin with. What do you guys think? Should I? And if I should, what do you guys recommend?...
Some of my friends suffered a pretty big loss due to lack of learning, he took a big risk because he joined a trading project with unclear sources, I hope to all who are here so as not to get bored studying and sharing with the seniors who are here in order to avoid from scamm.

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December 10, 2019, 03:45:42 PM
 #15

I think as a beginner/newbie in trading cryptocurrencies, we ought to have some platforms, guide or something that can help us in our trading activities. Some of my friends and colleagues said that I should look into trading tools or the likes of it. Like this MintFlint that they are recommending to see. But I dont think I can manage to know how to use those platforms and it looks really dumb to begin with. What do you guys think? Should I? And if I should, what do you guys recommend?...
using trading tools and bots is not a good idea when you are new in trading
in trading, you must have a lot of knowledge in the coin that you are trading
there a  high chance that you will lose some money if you follow other people instruction
you must have your own strategy and patience because it's quite stressful





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December 10, 2019, 04:47:46 PM
 #16

I think as a beginner/newbie in trading cryptocurrencies, we ought to have some platforms, guide or something that can help us in our trading activities. Some of my friends and colleagues said that I should look into trading tools or the likes of it. Like this MintFlint that they are recommending to see. But I dont think I can manage to know how to use those platforms and it looks really dumb to begin with. What do you guys think? Should I? And if I should, what do you guys recommend?...
using trading tools and bots is not a good idea when you are new in trading
in trading, you must have a lot of knowledge in the coin that you are trading
there a  high chance that you will lose some money if you follow other people instruction
you must have your own strategy and patience because it's quite stressful

Buying and selling on Cryptocurrency will be very gulma to raise funds. With a pretty interesting look buying and selling is the most option to generate even more profits. So many use buying and selling as the main land. Other names are trades. Crypto-Results trading is profitable, so most people choose to continue to run a promising trade like this. Thus trading is able to be the main focus that promises each of its periods.

 
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jacafbiz
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December 10, 2019, 06:00:42 PM
 #17

For a newnie to trading you don't need any sophisticated tools for now, what you need is patience, discipline and mentor to help you navigate the path, because there will be ups and downs, so do not rush it because trading is a marathon and not a race.

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December 10, 2019, 06:17:49 PM
 #18

You have to develop yourself to invest in this market. Do not join paid groups. You don't have to constantly guide someone to make money. No one will cover your losses when you lose money. Follow the news on the market. It gives more information than graphics.
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December 11, 2019, 11:34:13 AM
 #19

I advise you to find a good telegram channel with setups from experienced traders. So you can observe, analyze and make decisions in the future. At the same time you can watch training from the same traders and not only.
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December 11, 2019, 01:18:35 PM
 #20

I think as a beginner/newbie in trading cryptocurrencies, we ought to have some platforms, guide or something that can help us in our trading activities. Some of my friends and colleagues said that I should look into trading tools or the likes of it. Like this MintFlint that they are recommending to see. But I dont think I can manage to know how to use those platforms and it looks really dumb to begin with. What do you guys think? Should I? And if I should, what do you guys recommend?...
I think you should only used tools that will only help you to have a successful trades like trading bots. I usually used trading bots because it helps me to manage my trades while i am away or i don't have time to trade. Also, some traders don't used any tools in trading because sometimes it doesn't help them to make a successful trade that it is a hindrance to them, that is why you should think carefully before using this kind of trading tools.
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