Trade by yourself

[South Park]

I have always thought of subscribing to signals for easy gains on profit. Reason being that, it seems to me that analysing crypto/forex market takes allot of time and energy while that is not the only job someone is doing online at the moment.

If you want to make money in the markets then it is obvious that analyzing the markets is going to consume a significant amount of your time but it is worth it, it is easy to think to make use signals and make money faster that way, but for the most part the business of signals is a scam, and this is true not only in this market but in any market as if a person was able to predict that a stock was going to rise it will be more profitable for that person to invest his money in such stock than to sell his advice to someone else for peanuts.

[TheGreatPython]

I also agree with you that if one understands the importance of trading the most and knows the details, then I think that if one trades there will definitely do something good if he can use the right skills. Since most traders are new and they always try to figure out how to make more profit they trade in the wrong way, but if you trade using your skills you will definitely be able to make a good profit.

Also doing the trades by yourself gives you the knowledge and slowly you gain confidence while if you just give money to others and ask them to trade for you, there are many problems.

1- They will always keep some commission for themselves
2- You give the control to them, they can make separate you once they have the capital of their own.
3- You only earn but you learn nothing.

So, I also agree that doing trades by yourself is way better and yes you will face loss more often in beginning but that is part of the learning with trading.

[Mahanton]

I have always thought of subscribing to signals for easy gains on profit. Reason being that, it seems to me that analysing crypto/forex market takes allot of time and energy while that is not the only job someone is doing online at the moment.

If you want to make money in the markets then it is obvious that analyzing the markets is going to consume a significant amount of your time but it is worth it, it is easy to think to make use signals and make money faster that way, but for the most part the business of signals is a scam, and this is true not only in this market but in any market as if a person was able to predict that a stock was going to rise it will be more profitable for that person to invest his money in such stock than to sell his advice to someone else for peanuts.

As a trader, never ever consider on relying into those informations or analysis that are floating around and its always better to make your own analysis and thats the time you do get others analysis and its up to you
if you apply it or not into your own.Trading by yourself is a must yet all of informations are already in the net which you can search it for your own and learn up in the process.
Its up to you on how you do make yourself effective into this field, it might not be easy but really be worth it once you do able to take a grasp on it.

[JasmineRose]

Trading is much better if we have knowledge of how to do trading with low risk and high profit.
And i newbie is better to do trade with light coin like Doge to minimalize lose lot of money.
I try it too when i have firat trading, so strat trading now guys.

[Idrix1]

There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself

I agree with you, the best way to go about profitable trading is if you learn to trade it yourself rather than depending on others for trade signals and analysis. It might take time, seems even difficult or you might end up losing quite some fortune but keep the spirit high and one day, it would pay up

[bitgolden]

Trading is much better if we have knowledge of how to do trading with low risk and high profit.
And i newbie is better to do trade with light coin like Doge to minimalize lose lot of money.

Get into trading with the possible low risk must be the right approach but you cannot expect high profit from that. Your low risk trading will get you low level of profits for the same time period because market movements are always in percentage basis; you cannot expect to make 1bitcoin out of $100 worth of capital, for example.

Dogecoin trading will get you opportunities to learn about market conditions but it will be better if you do not expect any big returns from that trading. Because, when you're beginner in trading it is always good to expect only knowledge rather than profits. If you are able to manage trading million number of dogecoins, then it has sense to expect profits out of it. Otherwise, just making use of your trading for gaining knowledge and experience must be the right way.

Its up to you on how you do make yourself effective into this field, it might not be easy but really be worth it once you do able to take a grasp on it.

The beginning period must be too challenging one; due to the fear factor, most traders are hesitating to face those beginning period which eventually leads to make them inefficient in trading. If you are able to bear all the pains of beginning stage then you can find the worth of it later on.

[mersal]

Buying signals or being a part of signal group has more negativities so it is better to analyse the market on our own and try to execute the trades.Don't be in a hurry to complete more trades, just a good trade is better than 10 trades with profits and losses.People have shared some guidance here about analysing the market and also lot of online courses available to learn more professionally about crypto trading.

[cytpoway121]

Trading is much better if we have knowledge of how to do trading with low risk and high profit.
And i newbie is better to do trade with light coin like Doge to minimalize lose lot of money.
I try it too when i have firat trading, so strat trading now guys.

You have cited a good example in doge to be used in practice for trading. Doge is a consistent token you csn use to practice, but just for a while if we consider that the crypto currency market is inconsistent, with so many risk and other unfavorable factors.

[Vispilio]

One of the fundamental requirements for long term and outstanding profitability in trading is the contrarian ability to consistently go against mainstream sentiments and analyses.

One needs to go far beyond textbook prescriptions and academic literature to be able to develop a unique style of trading, and this definitely involves individualistic touches, at least in part...

[Savemore]

Buying signals or being a part of signal group has more negativities so it is better to analyse the market on our own and try to execute the trades.Don't be in a hurry to complete more trades, just a good trade is better than 10 trades with profits and losses.People have shared some guidance here about analysing the market and also lot of online courses available to learn more professionally about crypto trading.

Relying on signals from different groups can make us a worse trader, most of signals are fake and they are only doing to earn money. For those who rely on signals or pump or dump group, be prepared to the consequences because for sure you will incur a lot of losses. Learning technical analysis is not easy because you should be motivated and have courage to welcome new ideas and skills. Relying to yourself is what you need, do not give care about other people opinions about trading.

[Shimmiry]

There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself

Actually, it is really good to rely on your own knowledge and strategies that you have gotten from studying and the experience on trading. But asking for the opinion of others is a wise decision. They probably do have some knowledge that you do not still have, it might be helpful ti you. This is why forums are created, for people to collaborate and to learn with each other. Do not be afraid to ask for any help. Grow.

[South Park]

Buying signals or being a part of signal group has more negativities so it is better to analyse the market on our own and try to execute the trades.Don't be in a hurry to complete more trades, just a good trade is better than 10 trades with profits and losses.People have shared some guidance here about analysing the market and also lot of online courses available to learn more professionally about crypto trading.

This is critical it seems some people are in a hurry to trade but they forget the main reason why they are trading at all which is to earn money, if you can earn a significant amount of money with just one trade then that is better than earning money with 10 trades and there are several reasons for that, to begin with it is easier to make only one trade, you lose less money on commissions and you have to pay less taxes, and yet instead of choosing this style of trading many prefer to become day traders and make several trades per day despite the huge disadvantages this presents to them.

[SARA ISLAM]

It is not possible to succeed in any kind of business without learning and trading without learning, whether it is a cryptocurrency, commodity or forex trading. If one wants to trade in a successful way, then one must take education. No work can be successful without education.

[Lanatsa]

Buying signals or being a part of signal group has more negativities so it is better to analyse the market on our own and try to execute the trades.Don't be in a hurry to complete more trades, just a good trade is better than 10 trades with profits and losses.People have shared some guidance here about analysing the market and also lot of online courses available to learn more professionally about crypto trading.

This is critical it seems some people are in a hurry to trade but they forget the main reason why they are trading at all which is to earn money, if you can earn a significant amount of money with just one trade then that is better than earning money with 10 trades and there are several reasons for that, to begin with it is easier to make only one trade, you lose less money on commissions and you have to pay less taxes, and yet instead of choosing this style of trading many prefer to become day traders and make several trades per day despite the huge disadvantages this presents to them.

Quality is always better rather than Quantity of trades that you would make and this is should how people to put up into their  minds on  where they shouldnt rush  up on doing things
and aiming to have lots of trades.

Always aim for profitability in the end of the day it doesnt matter on how you do it on your way yet lots of ways on how to trade up and it isnt really bad to get some
ideas on other traders as well as long it can benefit you out.

Just be sure that you do able to utilize it on your trading career.

[tbterryboy]

There is a difference between learning signals and other stuff from others and just taking them and using them. In one of them you learn not the signal itself but how they actually figured that out and gave out the signal, so that you can use the same system in the future and do it yourself, on the other you are just waiting for someone else to make you rich.

Of course the first one is the right method, do please learn from other veterans how to trade, not just follow their coin suggestions, but learn why they suggested it, that way when they are not around you would know what to look at in a coin as well. Of course it is not as easy as it sounds and takes a long time and you should learn from many veterans to cross check what they think and that is another a lot of time, but when you are ready, it will be much better for you.

[Zyxel52]

It's scared me a little bit to trade by myself. You should progress in you learning to trade at first. It's hard not to be led by others opinions and advice.

[Rebisco]

Newbies are most likely to believe on signals from different trading groups it is a big MISTAKE. Most of signals are scams so do not even try to use it and even though there are legit ones, you can never become a good trader by just relying on it.

You cannot called as a trader if you will rely only on signals. Be independent, where in you are the one who make the plan and you are the one who will execute your own trade in order for you to have good results.

[bitgolden]

It is not possible to succeed in any kind of business without learning and trading without learning, whether it is a cryptocurrency, commodity or forex trading. If one wants to trade in a successful way, then one must take education. No work can be successful without education.

I guess no one will oppose you because this is what here most of people are trying to emphasize. Trading yourself must be a good approach but for that you need to get yourself ready by learning different aspects of trading which includes money management and technical strategy development. Trading by ourselves cannot be possible from the moment we decided to do so, because it requires lots of preparation and practices. Only the people who understand this are able to make profits and all other people who are rushing toward trading themselves are simply biting dust.

You cannot called as a trader if you will rely only on signals. Be independent, where in you are the one who make the plan and you are the one who will execute your own trade in order for you to have good results.

But, buying signals when you are not in position to generate your own is a common practice among all market traders and this is the reason, we are having lots of telegram groups and other signal houses everywhere. Or at least there could be different kind of traders and one category of them are depending on others for signals.

[lixer]

Newbies are most likely to believe on signals from different trading groups it is a big MISTAKE. Most of signals are scams so do not even try to use it and even though there are legit ones, you can never become a good trader by just relying on it.

That is correct because signals are the worst thing newbies can get into and actually the best advice I would give to a new trader is spend some time with copy trading and learn how big traders make their trades and learn from there. Some people still assume just buying and selling themselves by making use of calls from telegram as "trading yourself". Really ridiculous .

You cannot called as a trader if you will rely only on signals. Be independent, where in you are the one who make the plan and you are the one who will execute your own trade in order for you to have good results.

That is partially wrong because even the best traders take signals from reliable sources like their own advisors and yes don't trust those fake signal groups but at the same time having more advice and then taking the decision is better and you are trader anyways if you accept advice from someone and then trade or you just do it independently.

[lixer]

There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.

You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself

Even subscribing to trading might not be worth it sometimes, because the amount you will have to pay for the subscription, you might not be able to cover up. Unless you’re the type that’s risking huge amount of money, which is also a bad idea in some ways, in a situation where you happen to get wrong signal and lose money. I will support the idea of traders trading by themselves. I have also seen those that likes to make use of bots. I don’t know about these ones, because I have not used bots, so I won’t really comment about that. Though based on things I have seen, some bots are profitable while some are not.

i also looking for it,and somehow, we still possible to under 8k range, based on what analyst say on many many TA .
i just thought it will be happen on june 26 when $930M in Bitcoin Options Expire on deribit futures , but well, i guess bear have no interest anymore with something like that,after BAKKT last year.

Nah I don’t the price will go below the current price ($9000). It would have been more than that if not for the current world situation that made economy to drop and affected so many markets. The price is on the rise and we should look forward to more of the growth and nothing else. The price has been stable around the $9,200 and $9,300 and I know very soon some institutional money might come in that will make the price to start going up. And already I’m seeing some news on that, it’s best to have patience.