Wanna Know how to trade?

[24Kt]

The best time to trade is now, the greenish state where you can easily get some dollars without worrying too much because big FOMO is happening since days back now due to next BTC halving, believe me green market will stay around for few more days, price will fall but quick recovery will always take place too

It is very good if you have high confidence in your analytical skills. One of the keys to trading is self-confidence, the analysis is done independently and is not distracted by the analysis or predictions of others. If wrong, find the error and correct it. Someone who gives up and doesn't do an evaluation, will not get anything. Trading is a long process to be truly understood, enjoy this learning process and don't be in a hurry.

Not only the analytical skills is in play here but the knowledge of the traders for the alt that he wants to trade. He should be knowledgeable on the background of that coin and the current status, because if he doesn't have idea on what's the real score for that alt, losing is very imminent even if he knows the TAs.

[cytpoway121]

Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.

This is one factor that every trader seem to neglect; as a trader learning how it works, are you willing to practice trade? or you just want to keep reading files, and doing demo trading ?

Even if you dedicate enough time to practice trade and fail, do you just move on ? on find out reasons for failure, work on it and even become better?

This are stuffs you need to figure out, else, you fail, fail fail until you run out capital (rekt)

And remember, never borrow to start crypto currency trading and investment; it affects your emotions while trading.

[shollyen]

And remember, never borrow to start crypto currency trading and investment; it affects your emotions while trading.

This last statement caught my attention. Borrowing to trade should never be an option, because whenever you are trading and it seems that lose is gradually crawling in, then you start thinking of how to pay back peradventure you lose, which might eventually cause you to make the wrong decision.
It might be very common to say only invest what you can afford to lose. This is also applicable in trading. Only trade with what you can afford to lose.

[Ridwan Fauzi]

You have to move this thread to the correct board, please move here https://bitcointalk.org/index.php?board=8.0

This is why I always make an evalutian when I have traded, I'll make an evalution when I made a mistake so as I lost my money and when I got profit as well. At least it will make me wonted and even aware to the market situation. I always find a lot of expert who says that the history will repeat itself, yeah I will remember it. Because I can make money from trading because I tend to see the market behavior and comparing it to the market prior.

[bgaf]

You can follow the fundamentals or technical analysis, but you should analyze by yourself, so you don't get panic if they don't give the right information about the market. In the halving moment, there will be so many predictions from other people, so you need to figure out by yourself to find the real information.

Right now its hard to tell actually. We are 3days away from halving and the price seems constant. Of course everyone anticipating a huge come back for bitcoin and some major altcoins. Seeing the chart, I can see a down trend but the hypes on news seems to be bullish. Everyone saying we can even reach $15k but thats just a rumor and they all want to believe that. Market is very volatile and I learned from that many times by losing. So I need to be careful on this situation, cause its really can go down hard or just increase. Either of the two will happen somehow, I think I need to make a good move when the worse is done.

[Bezobraznike]

You can follow the fundamentals or technical analysis, but you should analyze by yourself, so you don't get panic if they don't give the right information about the market. In the halving moment, there will be so many predictions from other people, so you need to figure out by yourself to find the real information.

Right now its hard to tell actually. We are 3days away from halving and the price seems constant. Of course everyone anticipating a huge come back for bitcoin and some major altcoins. Seeing the chart, I can see a down trend but the hypes on news seems to be bullish. Everyone saying we can even reach $15k but thats just a rumor and they all want to believe that. Market is very volatile and I learned from that many times by losing. So I need to be careful on this situation, cause its really can go down hard or just increase. Either of the two will happen somehow, I think I need to make a good move when the worse is done.

   Bitcoin is close to $10k, we haven't been here for some time. Probably the hype before the halving. But
don't get to relaxed, on Twitter I read that we can drop to $8k soon. After every 2 weeks for green we have
a week of red, and some traders believe it's still to early for taking off high.
   What ever happens I would like to add more Bitcoins before some huge price rally, I think now it's a race with
time, if I don't add soon the price can fly off and with same money I will able to buy less coins.

[$anounimus$]

Good spirit, what you need to know is that the strength of capital is the main basis before you trade and also the duration of your trade is short-term or long-term in running all of it. in this digital era, there will be many conditions that will benefit and disadvantage us both in terms of news, current pandemic situation and than market conditions.

[Python Master]

Traders fail and often failed at starting time. To become a better trader and win the market we need to learn from our mistakes, avoid to repeat mistakes, learn more knowledge, have good trading strategies, always track the news.

[Lexurdania]

Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.

In my opinion, there is no instant success. The process of understanding market movements and making strategies to get profits takes time and I think nothing is wasted when we are able to make a trading style that suits ourselves

[helloinox]

Better said than done. We fear failure cause we have a limited fund, each failure eat our holding bag. With that, I doubt we could have a chance to learn fail better as you said. Learning experience by fail-trial is not a good strategy to become a good trader.

[mamesso]

Failure is delayed success, the experts also experienced failures when trading, that's why we don't give up easily and must always try so success can be achieved.
Trading in cryptocurrency is not a competition that we should try, but we must learn good and right trading strategies, so we don't always get caught up in failure.

[michellee]

You can follow the fundamentals or technical analysis, but you should analyze by yourself, so you don't get panic if they don't give the right information about the market. In the halving moment, there will be so many predictions from other people, so you need to figure out by yourself to find the real information.

Right now its hard to tell actually. We are 3days away from halving and the price seems constant. Of course everyone anticipating a huge come back for bitcoin and some major altcoins. Seeing the chart, I can see a down trend but the hypes on news seems to be bullish. Everyone saying we can even reach $15k but thats just a rumor and they all want to believe that. Market is very volatile and I learned from that many times by losing. So I need to be careful on this situation, cause its really can go down hard or just increase. Either of the two will happen somehow, I think I need to make a good move when the worse is done.

I guess many people want to buy bitcoin right now as they heard so many news that telling them bitcoin price will increase. Yes, this day, I see the trend now is down, and I just hope that it is only a correction that always happens after the price hit the highest price. I wonder what will happen in the rest of 3 days. Even the hypes on the news are bullish, but we need to check on the market because the market can move down without notice. We need to be careful and only decide related to the current situations so we can adjust our strategy based on the market moves.

[lunnatic]

easy to trade, you learn about Support and Resistance then you can determine where you are ready to sell or ready to buy,
all on YouTube or Google, learn and never give up my friend

[KaratX]

Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.

Trading weakness is not fear or been afraid, it's about the choices we make, my strategy is all about buying low and wait for hours, days or weeks or even months to sell high, it depends on when the next opportunity comes Knocking

[SistaFista]

Do you wanna know how to trade briliiantly, then you cannot be afraid,

Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.

Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.

Failure doesn't always be the end, every traders must be have some failure experiences on trading.
In crypto, price is not always stable, it means always fluctuating and become harder to trades. After all, experience is the factor of trader to become a success trader.

[makishart]

Traders fail and often failed at starting time. To become a better trader and win the market we need to learn from our mistakes, avoid to repeat mistakes, learn more knowledge, have good trading strategies, always track the news.

Those things are the main requirements to be a very skillful traders. I do agree with your opinions but it will be much better if the newcomers or newbies can try to follow or at least try to do some research to the strategy that already used by expert to trade in the market.

[ahyadinnn]

Failure doesn't always be the end, every traders must be have some failure experiences on trading.
In crypto, price is not always stable, it means always fluctuating and become harder to trades. After all, experience is the factor of trader to become a success trader.

a trading expert does not always make a profit in trading, sometimes they also lose their assets because the market is difficult to guess, so for beginners the point is to take the risk of loss and always learn to research the market, there are many sources of learning to trade free on this forum

[TheClownSong]

Failure doesn't always be the end, every traders must be have some failure experiences on trading.
In crypto, price is not always stable, it means always fluctuating and become harder to trades. After all, experience is the factor of trader to become a success trader.

a trading expert does not always make a profit in trading, sometimes they also lose their assets because the market is difficult to guess, so for beginners the point is to take the risk of loss and always learn to research the market, there are many sources of learning to trade free on this forum

Of course, even a skilled trader would certainly lose his trading. With loss, a trader is able to come up with a new strategy that fits his or her own so I think the loss is an experience that needs to be learned

[BD Money365]

I suggest before beginning of trading you need to know about technical analysis. Than you need to know how to control emotion in trading. A trader learns from experience, I suggest if you start from scratch, it is geological that we come into contact with breakdown or suffer a damage in trading. but the points we tin be taught from trading are, not greedy, not shifting strategies, not emotional, for all time monitoring the coins you trade and it is main not to assistance fat resources if you are a beginner.

[ttcsalam]

I don't think there is a better resource than awkwardness.It is easier to work if you have previous experience in any job.One needs to gain experience in trading.First you have to take some amount.If it is damaged, it will not be a problem.And you have to follow the updated news regularly.I think it is possible to do better then.