I have Good advice for investors

[tbterryboy]

If You start trading and you have no clue about techicals or no help from someone who knows
You will lose your money likely.

You will fall in fomo and fud no matter what the Good news and bullish market out look the techicals analysed correctly never lie to You!! 

If you Want to be successful trader you better learn hard as you can the techicals.

Understanding technical analysis is critical to success in the cryptocurrency trading market. If you don’t know it, you’re just going to be gambling with options in the market. That’s the same thing with trading forex, you cannot trade it if you don’t know how to analyse the market properly and tell the possible outcome.

In fact, learning trading is not easy, there are lots of things attached to it, and you will have to start from the top to down and learn everything, and when you understand everything, I believe that you will be a professional at it. I learnt about cryptocurrency myself, but when it came to trading, it wasn’t something I had to do by myself, I had to connect with people that has been into it before me and worked with them.

[1714837900]

1714837900

[javainn]

Of course it is better if we have a mentor, so that the steps we can take can run optimally. because Jima relies on hard work without the correct technical direction from the mentor it's useless we will only get losses

[cryptoboss2020]

if you want to go one direction you need to use the law of possibilities if you dont do the research enough and dont work enought to get resuts then the ship will go any direction .....if you dont lead the ship...and you start going from port to destination what is the possibility you will arrive to correct destination=?? zero !!  ....but if you even try to lead the ship as much as possible to the right direction the possibility on your favoure will be bigger.



so you are the captain lead your ship do the proper research about your destination and dont fall for whales tricks fud and fomo..the sea sometimes is not easy...a lot stroms and and shaking a ship  but you still have to keep your direction right.

[pawanjain]

Yes we do tend to make many mistakes during the beginning of our trading days but that's what makes us learn more.
We do make mistakes but we also get an experience from it.
Learning technicals is really a good thing and all of us should learn technicals to have a technical aspect over the coin but technicals don't matter that much in crypto trading according to me. Cyrpto trading works well with psychological aspects and some technicals like support and resistance.
Relying completely on technicals would be a bad idea in my point of view.

[Salauddin1994]

I agree with you that in today's world there is a lot of improvement in terms of technology. In that case, the more knowledge one has in terms of technology the higher he will rise. In the case of blockchain technology the market is being updated a lot so if investors are updated with the market the risk will be much less. But with the advancement of technology comes the need for patience to trade success is not possible without patience and self-control.

[bitgolden]

I think knowing TA is definitely a requirement for being a good trader but also knowing that TA is not be all end all is another big important piece of advice as well. If you do TA and see an opportunity you have to realize that it could happen, but also you have to realize that it may not happen as well, it all depends on the market changes and in a regulation-less and decentralized environment like crypto anything could happen at any moment and markets could swing very much.

I remember too many times when people were all looking at TA and see how it will go up insanely high yet it went down and vice versa, so I know that TA is not something you could learn and just profit forever without ever working again, sure it is a bigger help than not knowing it, but it is not 100% guarantee.

[Yatsan]

Doing trades without knowing anything on how trading works and about the crypto coins you wanted to trade is like putting your money into a gamble which makes it a lot more risky that what is used to be. We all know that doing trades and investments are associated with risks but being unknowledgeable about doing such makes it more risky for you are putting your money into an undesirable scenario.

If you do really want to do trades, you better know that you must learn the basics before engaging to lessen the risks associated on doing such works to be able to become profitable and achieve desirable results. Trading and investing is something that is in need to have prior knowledge for you are putting your money at stake on doing this kind of work. A responsible and good trader must be knowledgeable enough to be capable on making his trade be profitable rather than taking losses.

[Shasha80]

I agree that technical analysis plays an important role to succeed in trading. As you explained in the opening post, without technical
analysis can lead to money loss and we will fall in FOMO, and I have to admit that all of these things are true. To become a successful
trader, you must learn technical analysis as the basis for determining the buying and selling prices in trading.

[goaldigger]

We keep telling the newbies that its too risky to trade without knowledge about it especially if you are just depending on any trading signals. Yes, the market is so volatile that can make you lose all your capital in just a day so don’t overthink and start learning how to trade.

If someone introduces this market to you as an easy way to earn then you’re on the wrong place because cryptomarket is risky and volatile, no easy money and pure hard work only. Newbies or anyone planning to trade, make sure you know how to buy and sell.

[dunfida]

Doing trades without knowing anything on how trading works and about the crypto coins you wanted to trade is like putting your money into a gamble which makes it a lot more risky that what is used to be. We all know that doing trades and investments are associated with risks but being unknowledgeable about doing such makes it more risky for you are putting your money into an undesirable scenario.

If you do really want to do trades, you better know that you must learn the basics before engaging to lessen the risks associated on doing such works to be able to become profitable and achieve desirable results. Trading and investing is something that is in need to have prior knowledge for you are putting your money at stake on doing this kind of work. A responsible and good trader must be knowledgeable enough to be capable on making his trade be profitable rather than taking losses.

But in reality where people do really like to rush up into things and thats what makes them careless and going to the battlefield without prior knowledge or even knowing the basics.The result? Its a sure loss and as said it would really be just like on gambling on a casino since you dont know on what you are doing then it basically considered to be one.When you do give importance of your money or you do value it then
be sure to do all sorts of things needed for it to be utilize on an effective manner, not just on putting it directly and expecting for profits to go along, thats not how the reality works because
one mistake or missed up something will surely cost you.

[pixie85]

The more risky you play the more likely you are to get scared or fomo.

Playing risky is playing with borrowed money or money that's too big for you and that you don't feel comfortable spending or playing with high leverage that you're unable to sustain for long.

Usually investors who put 1% of their money in crypto don't get scared too much because such losses are acceptable. Invest 50% and you'll be losing sleep every night.

[Yaunfitda]

If You start trading and you have no clue about techicals or no help from someone who knows
You will lose your money likely.

You will fall in fomo and fud no matter what the Good news and bullish market out look the techicals analysed correctly never lie to You!! 

I think many fall in FOMO in 2017 and get REKT when we enter the bear market. So yes, it's really hard to fall for it and not doing any research on your part. It's already proven.

If you Want to be successful trader you better learn hard as you can the techicals.

Majority will agree with you, but there could be some traders, we became successful by just simply getting themselves into trading and gain experience but loss money in the beginning. What I'm saying is that sometimes it's better to feel that inevitable, losing money to be better next time.

[grizmoblust]

I agree that technical analysis plays an important role to succeed in trading. As you explained in the opening post, without technical
analysis can lead to money loss and we will fall in FOMO, and I have to admit that all of these things are true. To become a successful
trader, you must learn technical analysis as the basis for determining the buying and selling prices in trading.

Investing in this market analysis is essential for traders but certainly not always accurate as the crypto market is often very volatile. To become a good trader you need to regularly update new knowledge and have to watch this market every hour because it helps you a lot in trading. One way or another, in trading, it is necessary to have a reasonable investment strategy and set the price to sell after buying to ensure profit.

[maydna]

If you invest in crypto, but you don't know what coin you can buy, perhaps, you can choose bitcoin and hold it. No matter how long you hold bitcoin, in the future, the bitcoin price will increase, and at that time, you will see the profit that you can make. To buy bitcoin at a low price, you can see when the red candle appears on the market, so you can start to buy.

Assume you don't know much about crypto investment, but you want to invest in bitcoin. You can try to buy bitcoin when the red candle comes to the market because that can be a low bitcoin price. And if the price still gets down, you can buy more bitcoin and hold it with your previous order so you can have more bitcoin. After that, you don't have to do anything, and you can wait until the price starts to increase. It would help if you had a target price to sell bitcoin, so you don't chase a bigger profit.

[AbuBhakar]

The more risky you play the more likely you are to get scared or fomo.

Playing risky is playing with borrowed money or money that's too big for you and that you don't feel comfortable spending or playing with high leverage that you're unable to sustain for long.

Usually investors who put 1% of their money in crypto don't get scared too much because such losses are acceptable. Invest 50% and you'll be losing sleep every night.

That's the thrill in investing, that's why the line invest only what you afford to lose is too popular, if we know we were not able to monitor our investments we should not put too much, due to pandemic many risk their assets to do business or dort in trading to earn, but not all is able to gain profit so better try to learn first how to invest and trade than risking without any knowledge on where will be going to put our investments.

[Emitdama]

I think many fall in FOMO in 2017 and get REKT when we enter the bear market. So yes, it's really hard to fall for it and not doing any research on your part. It's already proven.

By considering crypto is volatile again makes it seem like it was never volatile to begin with. The market has always been volatile for a long time now, and it’s not something that happens once in a while, no it happens all the time and seeming that many some people are entering into options trading in these volatile time and by believing promotions  like it is an easy thing and there are no risks involved and people won’t lose money in it, I am not so sure of that. So, we should not blindly follow any good advice from any people regardless of their reputation levels.

Moreover OP is just going over it like it’s an easy piece of cake that anyone can handle, but it is not. When explaining things like this it’s always best that we talk about both the positive and the negative sides of it, so that people , especially the newbies, who are interested will fully understand what they are getting into.

[Majharul Saiif]

Simply put,  when we are investors, we need to have ample insight into trading. Then all the market sights, where what is emerging, all this has to be scrutinized. All the big traders have pushed through a lot of tough periods. After a tough period, one surpasses the cliff of progress. So our task will be to deal with all circumstances. But another thing is to be apt to endure the loss in the first position.

[Ridwan Fauzi]

If You start trading and you have no clue about techicals or no help from someone who knows
You will lose your money likely.

You will fall in fomo and fud no matter what the Good news and bullish market out look the techicals analysed correctly never lie to You!! 

If you Want to be successful trader you better learn hard as you can the techicals.

Most likely it will end in gambling, I just thinking that gambling and trading is really different. Trading, there are a lot of way and even need a long time to successful to be a trader. You can make money and you will have financial freedom in the future. But in gambling, I don't know I can't indclude it as a source income even if I got a win in a huge amount but I can relly on it. This is why someone especially newbie to trade need a knowledge before they start to trade.

Trading crypto currency is like you trade in your real life, we can suppose an exchange is a shop and the coin as the item that we will sell. If we know properly the characteristic of each coin or an item (in a shop) so the chance to gain profit will be enermous. We can offer to everyone who comes to the shop until they are insterested and make they buy it. Trading crypto currency is like that, you have to know much the characteristic/the movement price of the coin itself to gain a profit.

[tvplus006]

While I do agree that technical analysis play a big role in trading success but there are also other things we should put into partners like fundamental, learning stop loss, resistance, etc.

But I do have acquintances who are doing some trading without the use of technical analysis. They're just doing some buying low and selling high. Waiting for bitcoin and other coin to decrease in price and then buy again. They are just following the hype and go with the flow. Just as simple as that and they are still profiting.

I am sure that using this tactic in trading at some point your friend will sell their BTC and will no longer be able to buy them, because the price will increase greatly. And he will have to buy at a higher price than he sold earlier, or wait a long time for the price to return to the level when it will be profitable for him to buy this coin again.

[cryptoboss2020]

best way is to follow my signals


i have other target reached price reached exacly to the point

who else can do this?