Trading Advice

[vincool]

Hi Good day to eveyone in this forum,

 

It's a pleasure to join to this community. I'm new to Crypto any very confused, what's going on at present markets. I really appreciate if anyone can suggest me and guide me through this rocky roads to my final destination. I have few questions for you all and I looking forward your honest opinions

 

1) What is the best website or portal where I can register as paid user to get price alerts when to buy and sell and well as invest in different type of coins for short and long term?

 

2) Is ther any reliable BOT where I can subscribed for auto trading when I'm at work?

 

3) One day I want to be a professional trader and give up my 9 to 5 job. How can I achieve this ? Are there any good online/ offline courses where I can learn trading?

 

Looking forward to hear from you all.......

 

Cheers!

[masulum]

1. There is no guarantee of buy and sell signals that have accuracy and give you profit even if you register as a paid customer. So the best solution is "Practice makes perfect",  If you want to trade altcoin short terms can be an option, for long terms, BTC is what I can recommend.

2. The bot that I know that provides auto trading is Napbots (I have never used this service). You need to be careful when using bots, make sure the BOT you use doesn't ask for an API to withdraw from your account and you don't give permission for that either. Get to know how the API works first before making a decision and doing research before following all the input.

3. You can learn at Bitcointalk by visiting the trading discussion board, you can search for threads or create your own threads when you are learning to get input from more experienced members.

DWYOR

[boyptc]

1. Avoid those trading signals, higher chance of being rekt if you join one.

2. Gunbot is the popular that I've heard but I have never used it or any trading bot.

3. Experience is going to be your best teacher but if you want to get some advice, I think you need to know first and learn the trading fundamentals.

[OcTradism]

It's a pleasure to join to this community. I'm new to Crypto any very confused, what's going on at present markets.

Crypto market is a very special one and you can not apply rules and lessons from other markets to crypto market. It takes some years for you to learn the market.

1) What is the best website or portal where I can register as paid user to get price alerts when to buy and sell and well as invest in different type of coins for short and long term?

I recommend you to learn first, before you invest. Don't naively and lazily to entrust your funds to anyone else.
Peter Brandt is the one you can learn from: https://twitter.com/PeterLBrandt

One more thing.

Assume that your first full year will be a loser. I am serious. This has happened to many people with the best intentions. You may need to live through the first year as a losing year.

2) Is ther any reliable BOT where I can subscribed for auto trading when I'm at work?

There are many bots but you can not set up a bot to trade and bring profits back to you if you don't understand the market. Copy trade is for lazy guys but you will depend totally on the others that is terrible.

Having a protective plan is mandatory and you must withdraw your capital after getting some sort of profits. If you don't do this, you will lose all your capital and profits on bad days.

Security:
You must secure your API keys because you will lose your funds if your API keys are stolen and compromised.

[traderethereum]

Hi Good day to eveyone in this forum,
It's a pleasure to join to this community. I'm new to Crypto any very confused, what's going on at present markets. I really appreciate if anyone can suggest me and guide me through this rocky roads to my final destination. I have few questions for you all and I looking forward your honest opinions
1) What is the best website or portal where I can register as paid user to get price alerts when to buy and sell and well as invest in different type of coins for short and long term?
2) Is ther any reliable BOT where I can subscribed for auto trading when I'm at work?
3) One day I want to be a professional trader and give up my 9 to 5 job. How can I achieve this ? Are there any good online/ offline courses where I can learn trading?
Looking forward to hear from you all.......
Cheers!

First of all, welcome aboard to this community, and enjoy your stay here. You can find and read every post in here, and if you spend more time, you will have more information about what you need.
1. I don't think you need that website to get price alerts to know when to buy and sell your coins.
2. Auto trading? Hm, I would not suggest any BOT because the market movement can not be predicted, and you still need to watch the market many times. If you use BOT while you work if the market changes the direction, how can you reset the BOT, so it can work well and give you the profit?
3. You need to learn more about trading, and there is no stop learning trading if you want to be a professional trader because, as I said before, the market always changes from time to time. Hence, you need to improve your skills by reading, analyzing, and practice.

You don't need to pay the courses, buy the BOT, or subscribe into a paid group to make a profit because you can find so many good materials about trading, and that will depend on yourself, do you willing to spend some of your time to learn trading or not?

[Pffrt]

1. Most of signal groups are pump and dump group which may rip your investment off. For your info, pump and dump- https://www.investopedia.com/terms/p/pumpanddump.asp
2. Using bot for trading is for professional trader I think. You must have proper knowledge on trading and markets. Pros and Cons of trading bot- https://www.investopedia.com/articles/trading/11/automated-trading-systems.asp
3. There are a lot of free and paid courses on trading. You can search on google. Start practising one by one and get yourself on a professional level after a few months.

[Hateculd75]

You can use Binance, they are doing the work automatically, so you do not need to wait for the price to rise to a certain level, but by using some software orders, you can buy and sell without having to be in front of the computer screen.
Gunbot is the best trading bot with Binance and it you can aotmate your trading with fast and easy technical support.
if you have enough capital and learn more about how bitcoin price move you can earn enough funds with trading only

[joniboini]

You can use Binance, they are doing the work automatically, so you do not need to wait for the price to rise to a certain level, but by using some software orders, you can buy and sell without having to be in front of the computer screen.

What do you mean doing the work automatically? Binance is just an exchange, it won't help you to set your strategy, or even pump the price for you. It's a 'good' exchange if you do day-trading due to it's high volume and things like that, but they're not offering any help for you. The buy/sell without being in front of your computer, as you said, is possible in other exchange as long as the bot that you use supports its API.

[cryptoperkele]

........

2) Is ther any reliable BOT where I can subscribed for auto trading when I'm at work?

Depending on your bot setup, you can usually set it up to certain market conditions, it isn't working if market conditions change during your work day.

3) One day I want to be a professional trader and give up my 9 to 5 job. How can I achieve this ? Are there any good online/ offline courses where I can learn trading?

Don't give up your work. No matter how good you get in using different indicators, that doesn't mean you will do money with it. There's no right way to do TA and it's only giving you set of scenarios to choose from. It doesn't give you answers and it's more like a gamble especially when one whale can basically destoy the charts. Crypto markets are a zero sum game and because of that every winner needs losers to pay his winnings. Changes are that you will be the loser.

I would rather go with investing perspective. Learn how to count the value of the project, use fundamentals against the marketcap and estimate how much potential it has to rise. Then invest if you see the potential. If you want money fast don't invest while it's in down trend.

[LbtalkL]

You are looking for trading signals? I don't recommend to try those services, yeah, maybe they can profit sometimes but it is not guaranteed to be always correct. If you want to really learn trading don't depend on those signals. Also, I prefer trading personally than bots, that bot could be messed up too and it ends up cleaning your balances for worst. There are bunch of courses out there online, You can also learn by searching on google and youtube.

[chronicsky]

1) There are no such sites or people that will guarantee you profit or good trade. Use your discretion, use apps like blockfolio for price change alert. Use test nets to learn trading and then go to mainnet.

2) various bots out there depending on which trading platform or exchange you use. Not all exchange are compatible. Do check reviews of the bot as they might be fake. No good ones are free.

3) unlike shares, there's no book for crypto trading. It's quite different. Best way to learn is through experience, start small and make small losses and learn through them.

[RapTarX]

Signals group are usually waste your time, they are just another trader. I would recommend you avoiding them. On a side note, I would like to add that you must not invest in alt which in short term may look profitable. Do research and decide.

[harizen]

Disregard the number 1 and 2. Consider only referring to those after learning basic information about how trading works.

Focus on number 3. You can refer at the vast world of the internet. Almost all information can be found on the web. For paid courses, you don't actually need it. You can feed your mind on those free sources.

Study, study, study, study - that's the key then engaged in actual trading slowly.

It will take time. If you are really serious, you can be a professional someday. Also as you progress, you can now answer if it's necessary to consider doing the number 1 and 2.

[Peanutswar]

1. We have different reliability cryptocurrency exchange and it depends on your country if they are supported this kind of wallet, also I highly recommended the use of the binance and coinbase, IMO if you find out the yobit please don't use it they have a poor customer service.

2. Skip using trading bots you cannot earn knowledge by that, most of the trading bots are failed, if this one becomes successful all of the people becomes a billionaire right now.

3. Don't get lazy all of the information you need is on the internet the only thing you need is take time to research, and understand that concept of trading, the market is volatile even a professional trade loses their trade, trade at your own risk. Invest time, money and experience to learn and earn.

[OcTradism]

Trading with bots or trading manually, please remember to use those protective trading weapons: One of the Best Weapons in Trading