How do you make a trade or investment decision?

[Farma]

Well, I read the information before making that decision. however, without clear information, trading will only make the percentage of profits that you can get decreased. so far, the source of information I get from social media, and this forum. although not very accurate, but I think the development is almost correct.

[1715376847]

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[dragon695]

Well, I read the information before making that decision. however, without clear information, trading will only make the percentage of profits that you can get decreased. so far, the source of information I get from social media, and this forum. although not very accurate, but I think the development is almost correct.

True! Before giving out any decision, we always need to do research the market. Considering the information from various sources helps us to understand what's going on in the market then we can make decisions. It's hard to know which source is accurate, therefore, you'll need to develop a bit of skill to analyze the market yourself!

[RenBct]

It's hard. especially when your money is in stake and it's hard if you liquidate your account. You will have doubts. yes. So learn to adapt. learn different kinds of techniques to greater your chance of going bull. Learn risk management. It is one of the most important assets you need when trading or overall investing you money.

[iv4n]

Observe the situation, follow what masses do and just do the opposite thing! Of course that's advice for trading with bitcoins, I never recommend people to trade with some other alts, they are too risky in my opinion. They can be very profitable for trading, if you have a good timing, I haven't been so lucky with them!
Invest in projects you believe in long run, plan to hold for years, invest in the idea and technology. After investing you just have to be patient, and to accumulate if you have means for that.

[AniviaBtc]

Basically I think some factors for making a trade or investment in crypto. Firstly, I decide to divide my money into two,three or more parts according to it's amount. Then I go for analysis which will be a better one for me as a short or long term investment. Then I go for both to achieve my success on trading.

Time and season are those important factor that you need to consider in trading or investment.

If you want a short-term profit, you need to do trading depending on the market situation so that you will prevent yourself from losing your money. This is where your strategic mindset will be test because you need to perform a certain strategy on how you can make your money grow.

While in investment, this is where you can test your patience about your assets, the risk here is not that high compared in trading. This is a long-term investment and you need proper manipulation so that you can make your investment grow than you can imagine.

So all in all, time and season will contribute to your decisions and success in cryptocurrency.

[YOSHIE]

Talking about decisions taken in investments, these are decisions that are 'not' the same as those made by investment actors.

Experience: the one decision I made was the best alternative process available situation that most affected the information I received, this is also not spared from the side of the knowledge that I have about investing, including psychological factors and their influence is my personal signal in dominating decisions, although many make investment decisions analytically, personal signals are better than the public.

[CarnagexD]

Lets just say this, In making your decisions ask someone who has experience in trading/investing. Asking them before you decide on investing gives a greater chance of having a green portfolio. And also, Do your research. Read the market how and when will it go up or down. You must be independent when you trade. Because you can't just always trust others opinions.

Asking someone will do, but there are a lot of things that you can acquire when you try to watch some videos in the internet or if you try to study the market. By that, you will get variety ideas about how to make proper decision based on the market situation. You must understand how to do technical analysis, speculations and predictions in the market, because that will serve as your basis in any decision that you will make. Never rely on other people and you are the one who are responsible with your assets, help yourself grow and become more effective in trading or investment. Learn the advantages of the two, and they also have different disadvantages just like the RISKS.

[Nhor1011]

How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?

If i make a trade or investment decision,i have some things to consider,first is my budget if I have enough funds to invest. Second,I always check the good coins to invest and it's status.Third is the price movement and forth is analyzing the chart.I always check the price and the chart movement in different exchange ,also i get some news and and techniques  in this forum. Continuing reading is really helped me understand about investing. And of course in my own experienced in doing trade.

[judaspriest]

the way to trade and invest in cryptocurrency is easy, if there are coins that have low prices,
and the project is indeed good, then you can buy it or invest your money there

[bearexin]

How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?

They both requires work and you will have to do a research before you make decision for your trading/investment.
But compared to investment, the level of research you are required to do in trading is a lot. It’s not just about researching you also to do some analysis since you’re going to be trading daily. It’s a lot of work to do and most people are not able to do trading.

Investment is more easy as all you have to do is just invest your money when you’re mean to invest and then you can leave it there and focus on other things you’re into (HODL) until the price appreciates to the rate you want, then you can sell and take your profit.

[Sanugarid]

1/ Do anyone here reads the chart like a pro on exchanges or trading view?

To me there are no "pro" in the crypto scene when it comes to trading especially on coins that is heavily speculated by the masses, why? simply because it is so hard to predict. These 'pros' that you are calling is just a person whose prediction comes to real more often, then they shared it with us. The title pro is not necessarily mean that he is winning, some are just sharing what they have won not what they have lost.

2/ Or look at the futures open interest position on Bitmex to figure out if the support/resistance will be a factor?

Futures trading is fun until it is liquidated, I''ve tried it for many times and fairly enough it is a fun risky game for me. The resistance is a huge factor in futures trading, that is where I based my position in the market, the stronger the resistance the safer you get to your position.

3/ What are the top 3 main factors that drive the top cryptocurrency price movements, in your opinion?

There is just one that I think, SPECULATION.

[TheGreatPython]

The usual path is actually listening to my brain and not listening to my heart, that is the hardest part. I have set of rules that I do not like to share and I wrote down those rules years ago in 2010 when it wasn't even about bitcoin, just generally investment related stuff. Ever since those days whenever I want to invest into something I use those rules and never once get out of those rules.

Sometimes that is not really great for me because there are times when I invest into things because they are undervalued and should be higher but turns out there is a reason why it looks undervalued, and sometimes I do make a profit and get away with it. At the end of the day as long as I follow the path I created for myself it will definitely keep on profiting for me.

[Jocuserious]

I don't wanna recommend you which best invest and trade. Because this was makes you good decision when you're creating expert experience. Even the usual path short time profits best way trade but personally i wouldn't hopefully without skills.

[milandres0207]

I make a thread about an investment and trading method using "Fundamental Analysis"

Here the thread: https://bitcointalk.org/index.php?topic=5241604.msg54250200#msg54250200

Most of the decisions I made based on that's the thread. I just want to share my knowledge, thought, and experience investment and trading using my own strategy without other people's strategy and following some paid signal, etc.

Thanks for this tip of advice Sir, I checked the link you gave and it will become helpful to me while studying about in crypto trading.
This guideline you gave was totally true and correct as I read the things need to follow, some of them were already applied when I do a trade
but of course majority of them still not in the present but I will little by little apply all of them for me to become a good trade in the future.

[michellee]

I don't wanna recommend you which best invest and trade. Because this was makes you good decision when you're creating expert experience. Even the usual path short time profits best way trade but personally i wouldn't hopefully without skills.

I think he should search for what he wants because what we suggest to him can not always work for him. We need to create a new decision or modify from the other choice, so we can have one or two strategies to trade or investment that will work for us. I also suggest that he doesn't have to trade if he doesn't know much about trading, and he needs to learn more before he enters the market. That will help him to search the potential coin to trade so he can have a chance to make a profit.

[ice18]

Investment decision is really hard but the best thing to do is search best project in coinmarketcap you can choose top 200 coins with low marketcap listed in a reputable exchange and has huge potential to grow over time, how can we know its potential? active team, always give updates, transparent to community and solid usecase not a copycat to other projects.

[LUCKMCFLY]

~snip~

A commercial decision must take into account many things:

1.-It is not good to be guided by news.
2.- Define what you want? Being a speculator or Investor, the decisions are different according to what you are, if you want to be both, at least in investment you must be clear that the money you put into investment should not be withdrawn before your investment rises, otherwise you would lose and it is not the idea.
3.- Always follow your plan, do not change it due to volatility.

According to a book by Jesse Livermore, in speculation it is always better to follow the line of least resistance, because you must be focused on the direction of the market.

[Blue_oxen]

Investment decision is really hard but the best thing to do is search best project in coinmarketcap you can choose top 200 coins with low marketcap listed in a reputable exchange and has huge potential to grow over time, how can we know its potential? active team, always give updates, transparent to community and solid usecase not a copycat to other projects.

Besides taking information from various sources, you should do your own research and considering other opinions! Don't only believe in one source, it may be controlled by the project team. Therefore, whenever you wanna make a decision in trading or investing, use your own knowledges, skills and other techniques to ensure that what you're going to do is certain!

[Fredomago]

Investment decision is really hard but the best thing to do is search best project in coinmarketcap you can choose top 200 coins with low marketcap listed in a reputable exchange and has huge potential to grow over time, how can we know its potential? active team, always give updates, transparent to community and solid usecase not a copycat to other projects.

Besides taking information from various sources, you should do your own research and considering other opinions! Don't only believe in one source, it may be controlled by the project team. Therefore, whenever you wanna make a decision in trading or investing, use your own knowledges, skills and other techniques to ensure that what you're going to do is certain!

Sort all resources that you can compile and assess whether the information are legits and start placing your position, but keep in mind that there are also chances that whale can interfere the market and change the directions of the trend best to have an alternative back up.

Never stop in learning every small details to keep enhancing your skills, it serves as your advantage inside this market.

[BitcoinTurk]

I make different evaluations for both when making investment or trading decisions. For example, when I trade, I analyze short-term developments and analyze the price in short-term. On the other hand, when you invest, I make very detailed research about that investment tool and analyze the prices in the long term. Also, by making very detailed research about the project in my long-term investments, I have checked whether the project I want to invest in will be long-term and long-lasting. In the meantime, I would like to point out that I take care to keep abreast of developments and all news in both long-term investment decisions and short-term trade decisions.