I have Good advice for investors

[fullhdpixel]

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!! 

You may agree or not but if you want to be a successful trader in this crypto space than you must be aware of how to make use of FOMO and FUDs because these are all the basic things which are the actual mover of crypto markets; without them you cannot expect any wild fluctuations will be happening in crypto markets.

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

The importance of TA and FA have been discussed across this forum so many times still new people never find its importance and finally biting dust in their crypto trading. Only after frustrating failures they start realizing the importance of learning about technical analysis for a successful crypto trading career.

[MCobian]

Your advice is indeed good, because learning about technical is very important in trading. Without technical analysis we are trading
to be like gambling, because it relies on luck and that's not good. Of course, mastering technical analysis can help us predict price
movements in the market and can also avoid FOMO.

[cryptoboss2020]

For example


The news are sometimes bullish and market going Up but suddenly.... There is big drop, That's on of the most case the... If you can know the techicals you can know the Up coming dangers.





First thing is double bottom  W   IF its pointed Up the market is Up trend if its pointed Down... Likely market Goes Down
When the double W occurs? 
It occurs when there been 3 pumps in few days
As u can see W FREE POINTS. 



THAT'S just one of the techicals

[Tomcolor]

I suffered losses in everything from trading or investing when i first entered the crypto market. you need to be prepared because trade or invest never give you stable profits. However i am willing to support trading as it is best to make a profit in a short time, and the risk is less than the investment even if i can manage it properly.

[ReiMomo]

I suffered losses in everything from trading or investing when i first entered the crypto market. you need to be prepared because trade or invest never give you stable profits. However i am willing to support trading as it is best to make a profit in a short time, and the risk is less than the investment even if i can manage it properly.

That's a day trading which is very risky though, that's okay to go trade as long as you know that you can afford to lose what and you have skills in trading. I guess the reason that others want to hod instead of trading because they want safe startegy of gaining profit of crypto.

Any form of investment like doubling your bitcoin will most likely end up scam. I suggest to avoid this kind of investment.

[barbara44]

Technical analysis has always been an important part of crypto world that most newbie traders ignore, and no veteran would ever ignore.

Veterans do not need to use those TA in order to trade, they could trade however they want, even according to some news they could buy and sell, they are veterans and they know what they are doing however the difference is they know TA and they check TA and it is up to them if they want to use it or not, however if they do not want to use it that is option for them and if they want to use it that is another option. If you are newbie and do not know TA at all, that means you are not giving yourself the option to pick whichever you want and you are forced to pick the other option all the time which will result with you losing money most of the time.

[MCDev]

That's right, if a newbie enters the cryptocurrency market without someone with experience supporting them, it is very easy to lose his or her money.
I went through a similar situation, when I first entered the market it was easy to get into FOMO situations and lose most of my initial money.

[Twentyonepaylots]

Technical analysis has always been an important part of crypto world that most newbie traders ignore, and no veteran would ever ignore.

Technical analysis is not that so important to, IMO, what's can you get from technical analysis when the market is unstable?

Veterans do not need to use those TA in order to trade, they could trade however they want, even according to some news they could buy and sell, they are veterans and they know what they are doing however the difference is they know TA and they check TA and it is up to them if they want to use it or not, however if they do not want to use it that is option for them and if they want to use it that is another option.

To be honest, TA is just a props to be called a good trader, they are just drawing lines and circles and triangles on the chart, especially with bitcoin? I just laugh when someone do it, like how is that technical when you just follow the pattern from the old movement. Better to see the bigger picture at the current time where you can relate bitcoin, I call it a weather for crypto.

[CucakRowo]

Technical analysis is not that so important to, IMO, what's can you get from technical analysis when the market is unstable?

Same question to you. why unstable prices can be formed? Is there a miracle there? Or how?

-snip-

TA also includes patterns. Patterns are always repetitive. To double your btc from  1 to 2 btc. Using hodler methode, Then you will need some times, 6 month, 1 year or more (except when you are following pump activities). By using TA, you may not need more time. One more thing, how will you determine the right selling price to get profit if you don't use TA? Will you rely on a whisper or just a feeling? What if after you sell, the price can still go up again? Mind to share?

[ololajulo]

That's right, if a newbie enters the cryptocurrency market without someone with experience supporting them, it is very easy to lose his or her money.
I went through a similar situation, when I first entered the market it was easy to get into FOMO situations and lose most of my initial money.

I dont give names of some of my mentors in the space because they are not 100% right in prediction which is expected. Correct 70% prediction is reliable enough for such a deregulated and volatile market. An experience of 2 cycle is enough as a millionaire in the space also. More people get into the market during the bull market, they are attracted by the achievement of most investors purchase in the bear market.

[Ryker1]

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

Well, this is very important in trading to have technical analysis ^[TA], not only technical strategy, but traders also are looking in another side of strategy, --that is fundamental analysis ^[FA]. These are very common as what I heard from those expert traders and I think, until now, this old practice will not be changed upon predicting the price of the market price. Once also you are a good trader, you should also resourceful of any idea or even events that perhaps will affect the price in cryptocurrency because technical analysis alone is not enough.

[Ridwan Fauzi]

That's right, if a newbie enters the cryptocurrency market without someone with experience supporting them, it is very easy to lose his or her money.
I went through a similar situation, when I first entered the market it was easy to get into FOMO situations and lose most of my initial money.

Fomo will always be accompanied by greedy because almost all traders/investors who come without a knowledge they will be confused about when to sell when they get a profit and out when they continue to get losses. They will just fall to another people suggestion and an information that spread in the market. Fundamental factor is really important but without TA it will be useless. I often to meet seeing a good information but the price movement just falling down a lot but after that the price was increasing again. If someone know about TA they will know the reason why the price fall first and back to increase.

[mersal]

Technical analysis alone not going to make any crypto trader into a successful one, technical analysis too needed but lot of other things they need to learn before jumping intonthe technical pro day trader.A trader should be more strong with the fundamental analysis then only they can be sure about the coin which they are going to trade then when to enter and exit to avoid losses.

[Reatim]

Technical analysis alone not going to make any crypto trader into a successful one, technical analysis too needed but lot of other things they need to learn before jumping intonthe technical pro day trader.A trader should be more strong with the fundamental analysis then only they can be sure about the coin which they are going to trade then when to enter and exit to avoid losses.

and besides Daytrading is not for all of us,because this needs complete package of Skills,knowledge,ability,perseverance,dedication and Brightness and this can't be to all people inside crypto.

Thats why many are relying IN HOldding than to daytrade.

I myself is a clear example of not lucky in trading so i focus in Semi and Long term investin,No pressure and safer.

[Serious475]

I don't think so if there is something good advice created by OP.

If you want to become a good trader these might be the possible options :
1. Make your own research about the coin you want.
2. Always keep updated about the news and articles.
3. Don't expect  too much on the market movement.
4. Don't get carried away by your feeling e.g. fear and greedy.
6. Learn technical skills.
7. If you have budget try some trading courses.

[Lorence.xD]

A piece of advice I got from someone who also experienced the same thing is that, if you are not learning to trade well then just invest and hold. You don't need to do anything else but wait. But at least try investing to a project that had been proven to be rising up such as Bitcoin. You don't have to participate in accumulating thru the spot nor margin trading.

Investing long term is pretty expensive. I agree with the advice to a certain degree but always try to at least gain experience. If it didn't work out then get a job and fund your long term investments. Always diversify your investments so you do not experience disruption in your cashflow.

[Dorodha]

The best investment advice is to do research and master the strategies it is not possible to invest without knowing something about the market. The losses here are high and many leave the market you need to choose the right currency by researching and analyzing different places. Better a poor horse than no horse at all greed should always be avoided. Try to invest a small amount without greed this will increase both your knowledge skills.

[lienfaye]

Well for me having a knowledge about technical analysis is an advantage for every trader because it can maximize your chances to earn since you are aware of the possible movement of the coins you hold.

However its not all about knowing how to make a TA, its up to your strategy on how to make profit regardless of the situation of the market.

[wiss19]

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.

Yeah, although there are few people who have managed to go with it alone and discovered the secret on how they can do it better.

But, just like you said, I do say the same to traders that are still starting up to look for those that are going to be guiding them on their trading and helping them with technical analysis till they are good at it. Still, if someone claims they can help you with it, it’s best that you tell them to show your their portfolio so you can see their success and failure rate and know if they are as good as they claim to be.

[Viscore]

I'd preferred to lose at first so I can find where I got wrong or a thing that I needed to enhance my capabilities and knowledge. Besides, experts do losses as well even though they are good at technical analysis, strategies, and huge knowledge. Because this is not a ticket for us to ensure that we are always at good, we still have weaknesses, and definitely we can't stop it. It could be of big advantage but certainly not it gives assurance that we can't suffer any losses.