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Author Topic: what successfull trading tips have worked with you so far ?  (Read 1092 times)
AbbyS (OP)
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November 28, 2020, 06:07:13 PM
 #1

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

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November 28, 2020, 06:10:52 PM
 #2

Being disciplined is the only rules that work in any situation. Creating your own rules. If you cant make your own rules, follow others' rule. But remember to be disciplined. Being greedy can kill yoir success. Consistency is the only thing that matter
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November 28, 2020, 06:58:32 PM
 #3

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

Buy in the deep . Like if there are price correction in the market thats the best time to enter . Low risk at the same time it can easily pull back to the price and you can easily earn 10% or more . Like for example  xrp or eth price last day , and look at how much  you gain if you bought it last day in price correction.

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November 28, 2020, 08:21:39 PM
 #4

Being disciplined is the only rules that work in any situation. Creating your own rules. If you cant make your own rules, follow others' rule. But remember to be disciplined. Being greedy can kill yoir success. Consistency is the only thing that matter
So true. The only thing that is important is make a plan and stick to it. Discipline is the most important thing, rest you will learn with time.
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November 28, 2020, 09:23:29 PM
 #5

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

You do not need a trading tip; instead you need a trading strategy; problem is when it comes to strategies; it doesn't work for everyone. What do i mean ? A trading strategy that works well for me, does not mean you can embrace it and take profits from it too; because as individuals we have our differences, and personal traits. Instead of seeking tips, seek your own working strategy, and practice it until it works out for you. could take days or weeks. go for it.
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November 28, 2020, 09:42:29 PM
 #6

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
When you're watching out the news and the fear and greed index. If everyone is becoming greedy and that index indicates that there are more people that are becoming greedy, that's the sign to start selling. Just like this correction that has happened.
Looking last time to the index says that many are greedy and that's scary if that's what it shows. It's always a selling sign.

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November 28, 2020, 09:56:46 PM
 #7

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
Always have a plan every time you trade and this will work for good to you. I have my simple strategy which I buy during the bear trend and wait for the reversal of the trend, and I’m not a day trader so I have a lot of time to analyze the market and no need for me to rush things. Trading is challenging, find your own ways to be profitable.

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November 28, 2020, 10:06:18 PM
 #8

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

You do not need a trading tip; instead you need a trading strategy; problem is when it comes to strategies; it doesn't work for everyone. What do i mean ? A trading strategy that works well for me, does not mean you can embrace it and take profits from it too; because as individuals we have our differences, and personal traits. Instead of seeking tips, seek your own working strategy, and practice it until it works out for you. could take days or weeks. go for it.

You are very correct. And also, it depends on the coin you are trading with. Even if the OP is looking for tips here, those tips may not be applicable to him as he is following a different coin. Like for example if you happen to encounter a pump and dump coin, you will get a hint from the team themselves if you are closely following their social media channels. Most of the time, they will not post it in their thread here. So what you can do is if you are holding that coin, you need to update yourself what's going on. And that will take a lot of your time. If you feel that they are about to abandon the project, that's the time to sell your coins. But that is, if you catch a good timing. So yes, it varies from coin to coin. And you can't give a definite strategy on that.
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November 28, 2020, 10:11:12 PM
 #9

The trading tips that worked for me most is believing in my trading logic and having patience.
Amother tip is understanding the chart and using it to minimise Loss.
You can't trade and never lose though.
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November 28, 2020, 10:42:27 PM
 #10

  • Risk Management
    - You should have always your plane before you open your trade, e.g. your target price, your stop-loss (important). The risk: reward ratio for that trade, like "it is worth for your position size for that target price?".
  • Control your emotion
    - This is also one of the important traders must possess. If you can control your emotion, it's good, you should not be greedy, don't be sensetive. If you lost a trade, move on! don't flip your trade. Wait again for another good entry.

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November 28, 2020, 11:25:31 PM
 #11

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

Here are few that I learn throughout the years.

- BTFD (Buy the F*** Dip)
- Trade money that you can afford to lose
- Have a entry and exit plan
- Stop losses
- Start small but think big

Best of luck to everyone!!!

R


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November 28, 2020, 11:36:12 PM
 #12

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

good trading tips be wise, don't be emotional when trading, and don't be greedy,
then your trading will be better and not always lose, losing is already part of the trading cycle, and you can't stay away from it.
Depends on the trading tips but if that's the definition of being good, let it counts that it's a good tip that will make you profitable as you trade.

I agree with lessening greed and maximizing your potential profit. Maximizing for me means that whenever you get to see a chance of making a lot of bucks, go for it and take your cash. Don't wait until it goes to the highest because you'll never know when it will be there or if it's already at the peak.



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November 28, 2020, 11:43:34 PM
 #13

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
It's simple

Buy low and sell high.

I always buy it when the price was dipping and then sell after it has gotten a huge increase. So far this is always working perfectly. Those who have bought bitcoin under 17k already in profit right now.
That proves that just try to bet on the dipping price of bitcoin.

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November 28, 2020, 11:45:29 PM
 #14

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

It isnt actually a tip but a must thing or a common for a trader to do so;

-Dont be greedy
-Set some goals on taking profit or buying up.
-Dont let your emotions set-in
-Always stick with your own rules/ways.. Learning from others isnt bad but dont rely on it.
-Good finance management

These are the common traits on where someone should follow and the rest will depend
on how you do execute your trades.

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November 28, 2020, 11:46:33 PM
 #15

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

Simply buy low, sell high.
Depending on the price right now as bitcoin and altcoins have the potential to reach a higher price.
I bought several coins a few hours ago which I assess will follow the bitcoin path to reach ath in December.
Waiting for the correction and then buy back in the dip.
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November 29, 2020, 03:38:28 AM
 #16

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

We can give so many tips for you, but it could not always work for you because of the situations, the emotion, the amount of the money, and else will be different. But I agree with some members who said that we need to have discipline in trading, so that can make us stick with our plan. Before we trade, we should make a plan for how long we trade because we can't trade for a long time. Besides that, the market situation will be changed, and we can't predict what will happen later. If we feel that we need to get out of the market, we should stop trading and leave the market. Don't be greedy if the situations are not good because that can lead you to hold for a long time.
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November 29, 2020, 04:47:01 AM
 #17

Here are some successful trading trip has work for me:
1• Observation: whenever many trader are rushing to market base on the information they heard about the new project that is making  everybody to purchase the new project in the market without personal Observation concerning the new project, if it is real or not for them not to experience loss in their trade.
2• Information: I trade base on the information i got from the platform which is a good information, that is helping me to make a good profit from my trade over some years now.
3• Patient: many trader are still finding it difficult to learn how to be patient in the market which is making some of them not to make a good profit from their trade in the market. Buy coins when the price is low and wait till the price go up before you can release them to make a good profit from the trade.

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November 29, 2020, 08:21:17 AM
 #18

Do not chase the prices but there is a exception and it is being a momentum trader wherein you have proper planning and also high probability winning strategies. If you chase prices especially if you are just a new trader then most likely you will incur huge losses, the chasing of prices are also called as FOMO because you always to get position wherein you bought because of the hype. My tips also is you should understand the price action wherein you do not need to follow or to listen to the opinions of others because for me it is just a distraction wherein we should avoid it if you want to become a successful trader.

Try to understand your emotions wherein you are aware on what you feel before and after you trade because psychology in trading is also important and you cannot become a profitable trader if you do not know how to manage your fear and greed. Having self-confidence is a factor because how can you able to execute a trade if you do not have a self-confidence.
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November 29, 2020, 10:39:03 AM
 #19

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
Day trading with stable coin worked for me most of the time and I am using tokens from respective exchanges to get discounts in the trading fees as well which gives little more profits than what we are supposed to do. Day trading is not profitable for everyone but if you do it from time to time and put on hold when the market is at really bad condition is a good strategy in my opinion.
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November 29, 2020, 11:39:26 AM
 #20

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

Buying for long term is only for those who are not traders and want passive income. They just buy the coins and keep them in their wallet and hope for the price to grow.
Traders however make more profit than the holders. I mostly check the trend and take the moves according to the trendline. If you take your trade after breakouts, those trades are most successful.
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November 29, 2020, 11:39:48 AM
 #21

Portfolio management on different exchanges could be key to the success. I'm not sure who or how many of you tried this but when crypto currencies are Hi-on volatility will give you profits when you buy and sell coins from exchanger to exchanger Or from exchanger to P2P sites. I like the second one. You get coins bidded at lowest possible price from the peer site then sell them onto different exchanger where there is high volume giving out the result of price differences.

Obviously this difference is not much, but with big volume and without loosing the much value of your, one can easily encash the different.

This is very for Indian exchanges where local currency is valued a lot as compared to the USD portal. Local bitcoin for example has wide range of peers selling/ buying the bitcoin as compared to market rate. Try these techniques, but you will need to devote lot of time in this.
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November 29, 2020, 12:16:30 PM
 #22

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
uhmm being discipline, not being ignorant, and having a lot of patience. These things really help me a lot in handling my trades. Besides creating your own strategies and TA would be much important among them all.
Honestly, I am not a day trader, I am a person more kind of into long trade so the tip is to "buy low, sell high" and as much as possible HOLD. If you are kinda like me then I think that would work to you as well. If happens you are into a short-term trade maybe monitoring the chart, making a TA out of it would be probably enough.



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November 29, 2020, 01:18:37 PM
 #23

One of the keys to success in trading is to be patient. remember that patience is key. You also need to be able to manage your emotions properly when you watch the market go up and down. This is very important so that you don't rush into making any decisions in trading.

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November 29, 2020, 01:21:17 PM
 #24

what trading tips that actually worked with you so far?
I have used many trading strategy on my trading life .As i got the experience from my trading i wanna share it with and the community .You have to be patient first to get hold your nerve .You set a limit always where you wanna really sell your asset give up all the greediness cause it is the main reason of loosing on trading .However you need to have much amount when you get losses to put money for recovering .On the other hand you need to get all the update for which coin you wanna invest if any update news have or not .Which can make the market  difference .I think if you follow those tips it could help you to make high your profit ratio .

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November 29, 2020, 02:04:41 PM
 #25

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

Breakout trades work best for me. I know BTC levels and close to 20 altcoins levels. Whenever there is a breakout, I trade that.
Things like head and shoulders, double bottom and so on work the best!

Works in every market.

I am a long time stock market trader as well, so works for me pretty damn well!
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November 29, 2020, 02:11:37 PM
 #26

Don't force it.
Someone told me that years ago.

You are actually making errors when you are forcing to make an income which is true. For me.
It's almost the same as gambling.
When I am trying to make profits just for my own pride, I tend to lose more.
Here is the deal. No one is watching you. You don't need  pride to overcome you.
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November 29, 2020, 02:25:41 PM
 #27

Don't force it.
Someone told me that years ago.

You are actually making errors when you are forcing to make an income which is true. For me.
It's almost the same as gambling.
When I am trying to make profits just for my own pride, I tend to lose more.
Here is the deal. No one is watching you. You don't need  pride to overcome you.

Correct. With 5 years of trading and $250,000+ under client management, one thing I have always focused on, during profits as well as losses, is to do the right trades. If you know what is your accuracy percentage, things can not go wrong! Or they will rarely do.
Stick to your strategies if you know they work. And I am very sure this will work!

I see that in my Stock options trade as well as BTC trades. Even on days when I down a little or a lot more than what I had expected, I try to execute the right trades with the right quantity.
But what I love most is how I let all my accounts position properly even before everything started to move! That has given a lot of cushions to trade properly now.
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November 29, 2020, 03:03:38 PM
 #28

Simply buy low, sell high.
Depending on the price right now as bitcoin and altcoins have the potential to reach a higher price.
I bought several coins a few hours ago which I assess will follow the bitcoin path to reach ath in December.
Waiting for the correction and then buy back in the dip.
It does not require any technique, only need to recognize when the market is red and green then the lows and highs can be identified. That is general trading advice, you might as well say nothing. The trader is never aware of the next low and high price even though using reliable techniques.
If any trader used this advice, they would never sell it when the price continued to drop from your purchase price.

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November 29, 2020, 03:39:57 PM
 #29

There is no trader who can be able to make profit in all their entry, there will be some strategy that goes failed and make them loss. Because all trading staretgy is not absolute, there will be many possiblity that can change the price action.

I'll be greatfull to make one entry and give me a profit rather than I make many entries in just one day but the result that I got is the same or even less than I make one entry. I mean, my strategy is alwasy making an entry that I believe I'll get a profit by the entry.

There is many strategies/tips in the trading field, you can't choose one by one by all trader here. You may need to learn some strategies first and match with your personality whether the strategy matches with your attitude or not. Because the worst thing that you did is following other people strategy and you haven't known all the thing of the strategy itself.
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November 29, 2020, 04:29:09 PM
 #30

Always conscious that you're trading to make profit but not to get too greedy of maxing out your profit which in turns make you lose instead.
Always set at how much you want to buy or sell so you gonna know when is the right time to sell because the whole market is uncertain.
It always work but the disadvantage is sometime we gonna regret that we can't max out our profit or buy the dip at the right moment but it's still profit  Grin

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November 29, 2020, 04:51:55 PM
 #31

Make sure that you should understand the price action, you cannot just trade without having any plan or without understanding how the price moves. My number tip is you should learn technical analysis wherein you should know how to read candlesticks because in that way we can have an idea on where the price will go. Trading is not a gambling because they have many differences and your win rate in trading depends on your skills and also in what way you fully understand a certain chart. My decisions are always base on charts so I keep reading the candlestick and also the chart for me to know what kind of strategy that I will use. You should not enter in a trade wherein you are confused or you do not have idea about what will happen to the price. Having conviction is really important and you can only get it if you know how to use technical analysis and also how to read and understand different time frames of the charts.
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November 29, 2020, 05:04:37 PM
 #32

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
^ Patience, it really works for me and I believe most of the traders too, for if an investor is always in a hurry he might find it difficult to live in trading especially in the crypto world, for the FOMO, or even FUD can easily vanquish him. The best tip that I can share is the same as with the others but I also tell this to most of my colleagues whose starting to invest and begins to trade "buy in the deep and sell at the peak" and patience is necessary for this because no one knows when will the deep comes to buy and for the peak to sell. Furthermore, there are a lot of trading tips that can be cited on this thread but it will still be your attitude that can make you a successful trader.
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November 29, 2020, 05:20:12 PM
 #33

There is no trader who can be able to make profit in all their entry, there will be some strategy that goes failed and make them loss. Because all trading staretgy is not absolute, there will be many possiblity that can change the price action.

I'll be greatfull to make one entry and give me a profit rather than I make many entries in just one day but the result that I got is the same or even less than I make one entry. I mean, my strategy is alwasy making an entry that I believe I'll get a profit by the entry.

There is many strategies/tips in the trading field, you can't choose one by one by all trader here. You may need to learn some strategies first and match with your personality whether the strategy matches with your attitude or not. Because the worst thing that you did is following other people strategy and you haven't known all the thing of the strategy itself.
It is true what you say, we must be able to match the strategy with you because that is the most important thing, many traders with many of the strategies they provide, but we still have to know how we do sometimes we follow other people just being their tails while we don't being able to follow that is what needs to be avoided in our personalities, remember that the results of the analysis that we do in trading then we succeed with profits, you will realize that the importance of different strategies is and know that every trader has independent principles of what they do.

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November 29, 2020, 09:28:33 PM
 #34

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...

Buying the rumors and selling the news and when there's no rumor you buy the news but sell with in a timeframe that revolves around the news. Like if there was a news about a project launching her mainnet, you can buy into the project since the sentiment round the project would be positive and will result to hype/fomo then you sell prior to the day of the mainnet. This tip isn't perfect or the best but it does give result most times.

One of the keys to success in trading is to be patient. remember that patience is key.

Personally I feel patience has a lot to do with investing then trading. I understand that some patience are needed but for me trading has more to do with smartness since that's exactly what you're trying to accomplished with your strategy (that's outsmarting the market).

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November 29, 2020, 10:52:38 PM
 #35

I'm not a full-time trader but what strategy I usually use is to focus on a single coin and just keep calm. Emotion is harmful to us if we get affected by it. many say it was the common reason for our failure and they are right, this drives us to think badly and out from our goal, and even think about quitting. Aside from those things I've mentioned above, it gonna be best to properly observe the market movement, it is a big help to when we make a buy or sell.



.
.BIG WINNER!.
[15.00000000 BTC]


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November 29, 2020, 10:58:34 PM
 #36

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

Always have some fixed goals or plans and dont make any alterations and stick on what you do believe on.

Dont let yourself get too emotional on dealing with moving prices.Buy low sell high doesnt work all the time but you can always play with the price
and its movement and make profits on it.

Dont get in a fomo or fud and be wise on making decision from time to time.Losses cant be avoided but somewhat can be lessen.

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November 30, 2020, 07:46:18 AM
 #37

One of the keys to success in trading is to be patient. remember that patience is key. You also need to be able to manage your emotions properly when you watch the market go up and down. This is very important so that you don't rush into making any decisions in trading.
For Bitcoin market it is true that patience is the key to success because the market goes down and you need nothing but patience. But if you are talking about altcoins market then really patience can be your enemy as well because you might hold some shit coins longer than required and suffer loss, I have seen times when I had good opportunity to sell the coins but I waited for more profit and lost a lot of money.

I would say for different kind of trading you can use different keywords for success and for altcoins trading the key to success definitely is the sharp nature to sell and buy them at the best possible price.

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November 30, 2020, 08:20:17 AM
 #38

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
I often have the habit of trading Scalp style.  I usually wait for the market to be sideways and use Bollinger Band and Doji candles to trade on the M5 and M15 frames, for me they have been very effective lately.
Win rate is around 70% and so I always use high leverage like x50 and x75 to trade, especially stop loss around 30 - 50 pips.  This month I have x3 of my trading accounts based on the above strategy.

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November 30, 2020, 08:23:52 AM
 #39

The best trading tip that has worked with me so far is that I should be realistic about profits because every strategy that I make in trading doesn't always work or profitable; that is why I should be contented if I only make 25% or 50% of my trades. And if I lose profit, I should be able to control my emotions and try to get back all of my losses when the price increases again.

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November 30, 2020, 04:27:02 PM
 #40

There are many tips I can give but there are some basic things I have learned from trading so far which can help you.

1- Must use tools like stop-loss because you might get emotional when an asset you invested is going down but have to be strict and sell them at minimal loss.
2- read charts and take public advice but always take decisions of your own, use others for knowledge and comparison but decisions must not be influenced by others.
3- Never be too greedy while also avoid cashing out too early because crypto is meant to give highest rewards but also biggest losses at times.

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November 30, 2020, 05:26:25 PM
 #41

I remember a good sentence; 'control your mind so you can master your surroundings'...

Imagine if you just bought Bitcoin at a price of $ 10k then when the price fell 10% you panic and immediately sold your Bitcoin but 3 hours later the Bitcoin price rose 20%, on my illustration you have lost.

trading that sharpens our minds not to be afraid of loss and doubt, no matter how much your capital or how long you HODL your coins then when you panic, you will lose.



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Rainbot
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November 30, 2020, 06:05:25 PM
 #42

There is no trader who can be able to make profit in all their entry, there will be some strategy that goes failed and make them loss. Because all trading staretgy is not absolute, there will be many possiblity that can change the price action.
All entry? I think you meant to say strategy there. I agree that some methods will fail while some will work but you cannot judge a strategy purely based on the results that followed it because at times you will make bad strategies and still have profit. Consider a gambler might profit in short term doesn't mean gambling is the best strategy to make profit.

It always work but the disadvantage is sometime we gonna regret that we can't max out our profit or buy the dip at the right moment but it's still profit  Grin
That's right and regret is manageable but loss would always be in your mind and affects your portfolio directly so better to have regret for not maximizing profits rather than having regrets for waiting too long.

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November 30, 2020, 06:28:28 PM
 #43

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
Being patient has always been a good one, buy low and sell high is always good, be greedy when others are fearful and be fearful when others are greedy works as well. These are literally sayings and not even indicators or tips in technical sense and they all come out of the same result.

If you know that one thing will be good in the future and not have any fundamental issue, you should always wait for it to crash for a very low price because of something and just buy it during that period, and wait for something huge to happen to make it increase. Bitcoin is like that, but do not think the same for some small bad shady token, only few coins are that much trustworthy.

Buy them when to go 50%+ down and sell them when to go 100%+ higher and you would make money without a doubt, and it always does those falls and ups.

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November 30, 2020, 08:30:02 PM
 #44

I remember a good sentence; 'control your mind so you can master your surroundings'...

Imagine if you just bought Bitcoin at a price of $ 10k then when the price fell 10% you panic and immediately sold your Bitcoin but 3 hours later the Bitcoin price rose 20%, on my illustration you have lost.

trading that sharpens our minds not to be afraid of loss and doubt, no matter how much your capital or how long you HODL your coins then when you panic, you will lose.

You would need sufficient experience to the market before you would able to attain such state.Not all would really be good on having that self control or decision making
when they do able to experience a specific scenario just like on what you had stated.If they havent any experience much with the market then most likely you would
really able to commit such mistake and in next time you would probably do the same but at least you have some idea about the probabilities that might really changed
up your decision since you have seen this before in the past.So it will vary on someones decision making factor.

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December 01, 2020, 02:06:05 AM
 #45

Success, winnings, being profitable, isn't truly happening all the time no matter how skilled and knowledgeable you are. But I was able to manage to control myself and keep thinking it can be done soon and that struggles will be paid off.

And one trading tip I could give is that "have faith and keep believing ourselves". No one helps us but just ourselves and that we need to face all challenges. If we have that vision, success will not be going far from us/you.

R


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December 01, 2020, 09:44:06 PM
 #46

Start from the basics of course. Make sure you are knowledgeable enough on the field that you wanted to explore which is trading and make yourself familiarize on the coin that you wanted to trade so you better know what strategies you will apply on entering and exiting it to ensure that you will be gaining profit instead of losses. Discipline, patience and eliminating emotional influences so that you won't be making any unnecessary actions that can affect your decision making when it comes to trading. Do not let other people instruct you of what you supposed to do for the first step that you must be able to learn is making yourself knowledgeable so you must have a trust on your own skills and decision making to assess the situation to come up on an idea of what you must do when certain circumstances come in your way.

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December 01, 2020, 09:49:52 PM
 #47

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
Keep on learning, this will make you more profitable over time and in trading, don't expect not to lose money because this is very normal. My trading advice to you is that, if you didn't have a good trading skills yet, always deal with the good coins because you can easily see the trend of those coins and you can easily know when to buy and sell and this is the basic steps on trading.

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December 01, 2020, 11:32:47 PM
 #48

I believe each person has a different strategy to be able to make profit from trading. For me a successful strategy
for getting profit from trading is by buying coins that will be listed on popular exchanges. Usually coins will go up high
and the profit generated is quite high, I have always successful to trade in this way. The most important thing is not
to be greedy, if you are already profitable, immediately sell the coins.

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December 02, 2020, 12:13:46 PM
 #49

Keep trading until you get succeed, this is general advice but kore suitable with crypto trading as well. More experience we are gaining in cryptocurrency field which will help us to take more right decision according to the market condition.









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December 02, 2020, 12:38:01 PM
 #50

Hi,
I`m searching for people that are interested to share experience in developing algo trading.

I have spent the last year developing, testing and failing in a variety of markets. Have been testing options, stocks and crypto. When it comes to algo trading I have finally come to an conclusion by using Kraken and I do find the exchange reasonable priced and the API is quite good, including the support have been very good by my experience.

I`m curious to hear what other traders are using in terms of exchange, strategy and how they are performing.

Anyone that have any idea experience what we can expect in profit?.
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December 02, 2020, 01:41:37 PM
 #51

This happened to me many times specially in spot trading just analyze the chart, see the news and buy the dip and have patience I have been a victim for being very impatient and rekt many times sold too early and after 2-3 days of selling price go to 3-5x dont ever sell your coins in loss wait for break-even or have atleast a profit.

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December 02, 2020, 02:28:00 PM
 #52

buying a long time ago is for investors but buying a while ago or you bought the coin right after it dump can be a traders habit .

That worked for me so far and that is considered as a tip because every trader is different .

There is that trader that don't do what I do but they do buy when the coin is pumping ,thier doing the reverse and I don't say that its bad but thats a good risky Strat too and if your good at it you can take advantage of the growing price of the coin but successful Strat didn't mean that they don't know how to loose , just in case you forgot .
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December 02, 2020, 04:27:19 PM
 #53

Being able to read where the market is heading to, based on fundamental analysis, supply and demand, and trends in the market. The next tips are managing portfolios, the entry point, selling point, and capital gains.
And the last thing is the most complicated for me is to be patient waiting for the goals.
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December 02, 2020, 10:44:35 PM
 #54

Being able to read where the market is heading to, based on fundamental analysis, supply and demand, and trends in the market. The next tips are managing portfolios, the entry point, selling point, and capital gains.
And the last thing is the most complicated for me is to be patient waiting for the goals.
Yes. Being patient may be easy to say but hard to do. When you're in the real situation like you see the market is suddenly dumping, you can't just be patient waiting for the market to recover again. But they say, learn to be patient or else you will only lose your capital in the end. The next thing is trade and invest only on the amount you can afford to lose. Big risks, big gains, but in the end everything still turns into gambling because when you're into trading, there is still no guarantee that you will always make profits in the end.

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darewaller
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December 03, 2020, 08:00:04 AM
 #55

Success, winnings, being profitable, isn't truly happening all the time no matter how skilled and knowledgeable you are. But I was able to manage to control myself and keep thinking it can be done soon and that struggles will be paid off.
That is important because at times in trading we feel like we are not good enough and one needs to self motivate themselves by understanding that currently a bad phase is going on and if we can only pass it with minimal loss, that is a win itself.

one trading tip I could give is that "have faith and keep believing ourselves". No one helps us but just ourselves and that we need to face all challenges. If we have that vision, success will not be going far from us/you.
But, make sure you don't apply the same logic when trading because at times you have to sell coins at lower profit and even small loss and you cannot be confident with a bad coin in portfolio.

The best tip or advice that I got was from my close friend who told me, not to invest too much and I actually was hyped up and planned to take loans and start trading with it, but he denied my loan request and actually gave me a good advice to just trade with my own money and it proved vital because at times I was down and thankfully did not have to pay any loans on top of it.
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December 03, 2020, 10:50:10 AM
 #56

Simplicity is the best tip that I can give to other traders, when I say simplicity; I'm talking about the indicators and oscillators that the traders are currently using. You do not need to use 6 or higher indicators in trading just to become a profitable trader because you can make profit through chart alone or just using 2 indicators. I only use moving average and RSI and those 2 indicators are giving me conviction that helping me to make profit in trading unlike using 6 or higher indicator for sure that there will be false signals and it can lead you to suffer huge losses. Trading is not a competition wherein you need to use a lot of indicators, it is about simplicity and mastery of the indicators that you are currently using.

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December 03, 2020, 11:23:21 AM
 #57

I think some important things that I learned and I found useful is to:

1. Do not overcomplicate things and use the least amount of indicators that you can manage to trade with.

2. Do not ever trade an asset(coin or token) that you are not at least a bit familiar with and it's better to know a thing or two about them beforehand, or otherwise there will be times that you will regret that you ever bought into a coin/token because it was a pump and dump shitcoin and that's not a pleasant feeling both for you and your pocket.

3. The last one which is the most important one is to always try to get better at controlling and managing your emotions and do not let it make a decision for you while trading to prevent revenge trading and based on that you should always know when to stop trading and when you should take a break.
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December 04, 2020, 11:00:00 AM
 #58

Always sell 25-50% at least when you think the price is high - this is my approach

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December 04, 2020, 12:53:06 PM
 #59

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

Well, in my trading experienced this last month of October my 3$ deposited in Bitforex was now turned into 63$
in 1 month doing trade to this platform. And to other platform site that I deposited 20k Satoshi this week only and now
became 81k Satoshi on which is not bad at all. And the only tips I could say is We need to learn how to analyze things
in the chart moving of the coin in the graph anyway.
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December 04, 2020, 01:34:22 PM
 #60

I think a good trading tip for making profit is to learn technical and fundamental analysis. Because with us mastering technical
and fundamental analysis, it will be easier to determine buying and selling prices. That way buying coins at low prices and selling
at high prices can be done, if we succeed in mastering technical and fundamental analysis.

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December 04, 2020, 04:04:32 PM
 #61

I think a good trading tip for making profit is to learn technical and fundamental analysis. Because with us mastering technical
and fundamental analysis, it will be easier to determine buying and selling prices. That way buying coins at low prices and selling
at high prices can be done, if we succeed in mastering technical and fundamental analysis.


Those are not tips, but what a trader needs. If you do not master (at least the basics) of trading analysis then you are not a trader, you are just a holder of the long and short term.

I will not give success tips, because I do not understand the standard traders can be said to be successful. But here are some risk-averse tips:
- Learn the coins you will be trading, both project background (if it's new crypto) and price history.
- Do not enter on a bullish day, unless you were holding it before the bullish happened, then you will start trading actively.
- Don't hesitate to use stop limits, even if your analytical skills are good.

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December 04, 2020, 05:21:40 PM
 #62

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

Buying at low price and selling at high is the basic trading concept.You need to wait for the pump and dump time.When the price increased, you need to hold for the maximum time.When the price started to reduce again, you need to start to hold and buy some more coin.Only sell when you comfortable with the price or else hold your coin.
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December 04, 2020, 05:41:17 PM
 #63

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

Buying at low price and selling at high is the basic trading concept.You need to wait for the pump and dump time.When the price increased, you need to hold for the maximum time.When the price started to reduce again, you need to start to hold and buy some more coin.Only sell when you comfortable with the price or else hold your coin.

The task is not as easy as you have discussed. If you want to trade in this way, you need to know in advance about the next move of the market, otherwise there is a possibility of seeing big losses. And to predict the next move in the market, you need to have a good knowledge of trading. Because you have to do market analysis and in some cases fundamental analysis also plays an important role in being a pump of a coin.

Through technical analysis, traders get an idea about the possible future trends of the market. It is not safe to trade in any coin without analysis. So it would be beneficial for a trader to gain more knowledge about trading without running after pump and dump.

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December 04, 2020, 05:54:50 PM
 #64

I think a good trading tip for making profit is to learn technical and fundamental analysis. Because with us mastering technical
and fundamental analysis, it will be easier to determine buying and selling prices. That way buying coins at low prices and selling
at high prices can be done, if we succeed in mastering technical and fundamental analysis.


Those are not tips, but what a trader needs. If you do not master (at least the basics) of trading analysis then you are not a trader, you are just a holder of the long and short term.

I will not give success tips, because I do not understand the standard traders can be said to be successful. But here are some risk-averse tips:
- Learn the coins you will be trading, both project background (if it's new crypto) and price history.
- Do not enter on a bullish day, unless you were holding it before the bullish happened, then you will start trading actively.
- Don't hesitate to use stop limits, even if your analytical skills are good.

I cant agree more with all you said. The first thing you need and what is a must is to learn about the projects in which you invest so you can know when the chart wont follow analysis. News about the project will affect the chart to not follow predictions.
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December 05, 2020, 05:06:10 AM
 #65

I would say DCA DCA DCA, that has been the greatest tip I have ever received because it has worked for years without fail, it has never really resulted with any bad loss in my end ever. It is something you have to be patient with and it is something that shows unrealized loss time to time as well, but the more you do it, the more you realize with patience and DCA together you are going to earn a lot of money.

Obviously I am talking about it awesomely right now because bitcoin increased a lot, doing DCA during 2018 was a big challenge and it kept giving me worse and worse results the more price went down, but thanks to that I was capable of getting out a lot quicker than many people if I wanted to.

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December 05, 2020, 05:16:31 AM
 #66

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
That depends on what you understand as tips man. Tips are not a ticket to a regular win, there are still going to be those same risks, tips are useful practical advice that one can apply in what they do to be successful. I am just pointing this out because of the example you gave, though you might be right because you can’t just tell someone to buy a long time ago or early, you tell them to buy at the right time.

It’s just like Bitcoin, anyone that missed it when it was new has missed it and there is nothing they can do about it than to wait for the right time and if they are day traders they analyse and know when to get in and out.

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December 05, 2020, 11:49:51 AM
 #67

The tip that worked so far is about managing risk.

We all know how volatile Bitcoin is, the same with every other cryptocurrencies being traded, bought and sold. My friend told me to do some risk management instead of making low amount trades since that would be safer rather than putting my money in small amount investments.
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December 05, 2020, 01:24:01 PM
 #68

I think a good trading tip for making profit is to learn technical and fundamental analysis. Because with us mastering technical
and fundamental analysis, it will be easier to determine buying and selling prices. That way buying coins at low prices and selling
at high prices can be done, if we succeed in mastering technical and fundamental analysis.

Technical and fundamental analysis are important things but everyone should also learn about the decision making and as long as they are in the profit and they should have sold some of their portfilios to anticpate the bearish trend that can come anytime.
You must know what will be the bottom range that can be reached by coin to determine the best position to enter the market. This can't be done easily. People should never be greedy

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December 05, 2020, 11:32:24 PM
 #69

I think a good trading tip for making profit is to learn technical and fundamental analysis. Because with us mastering technical
and fundamental analysis, it will be easier to determine buying and selling prices. That way buying coins at low prices and selling
at high prices can be done

Don't get your hopes all up as that isn't usually the case most times, you can analyze the market as much as you can yet FOMO or FUD gets the better part of the market in the scenario where they influence which direction the market moves. You can read the chart and prediction the resistance getting broken any moment but a sudden negative news can move the market in the opposite direction and cause you losses.

That's why there's no constant result when trading is been discussed. You can have a strategy that gives similar result but you shouldn't hope on it to delivery everytime. Even the professional after all their chart analysis, still get some trades wrong. While learning technical and fundamental analysis is essence, it isn't a guarantee for success in trading.

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December 06, 2020, 06:13:04 AM
 #70

I would say trailing stop would probably be helpful as well when you are someone new. Think of it this way, you bought something at 100 dollars, it reached to 105 dollars, you start to wait, if it reaches 100 you sell back, if it goes to 110 dollars you increase your bottom to 105, if it goes to 115 your bottom is now 110, if 120 your bottom 115 and continue like this forever until it starts to go down.

This way you will not sell too early, you will always sell when it is dropping and always keep it when it is going up and never miss a profit. Same for buying, if it is at 100, and drops to 95 wait for it to go to 90, if goes to 100 you buy, if it goes to 90 you wait, and if goes to 95 you buy but goes to 85 you wait basically same but reverse for buying.

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December 06, 2020, 07:02:12 AM
 #71

To succeed in trading, it depends on knowledge regarding the coins we want to buy, we must know everything about these coins.
In order to make sure the coins we are going to buy can make a profit, because don't trade with coins that we don't know. Always
start with small capital, so that the risks we face are also low. Another tip is always use the stop-loss feature every time you trade,
to protect the capital we have, so that it doesn't run out when the coins price suddenly dumps.

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December 06, 2020, 03:03:45 PM
 #72

Here are some successful trading tips have worked for me so far in the exchange market:
1• Observation
2• platform information
3• Buy when deflation occur
Those are the successful trading trips I have experienced so far in the exchange market, that is making some traders to call me professional trader. Many traders find it difficult to follow those trips that always make my trading successful in the market.

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tbterryboy
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December 06, 2020, 04:57:56 PM
 #73

Do not forget to be calm and remove emotions out of trading. If you see something that looks to be promising and you act right away instantly, there is a 90% chance you are going to lose money from it. You have to spend days before you can invest into anything by just researching why you think it should be making profit.

There are tons of people online, people here who are strangers to you, people in telegram communities you befriended and people who will shill you their coins, there will be new coins promised to make you a lot of money every single day, and you have to just ignore them all and try to research what is best for you for days, sometimes spend weeks without making a single move. Only then you will know that you have found the real true good coin you should invest.
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December 09, 2020, 04:19:06 AM
 #74

Everyone shared their beautiful strategies, but I would like to also say that you should not pick one and go with that, you could literally read these pages which will surely be tens of pages in the end, and you could do multiple stuff with this knowledge.

First of all make a list of what people suggested, then try to find which are sounding similar with just different words, try to put them into same name and when you do that try to make a chart of what was suggested most and what was suggested least, if there are stuff that you can do together put them together as well.

This way you will have strategies that you could test out with a lot more compacted information and that way you could potentially make a profit from other peoples experiences in the trading world without spending too much money of your own testing out.
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December 09, 2020, 06:05:45 AM
 #75

For me there are 2 main tips that I can give you. First is being discipline and having patience, trades are not always gonna be a win for you learn to control your emotions and have patience for each trades you do. Second is know when to stop loss and take profit. Always set a mark for stop loss to minimize losses and set a reasonable price mark to take your profits. Don't be greedy to aim for super high % profit.

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December 09, 2020, 10:32:59 AM
 #76

I don't suggest many things, but I suggest you sell your coin whenever you see the price can increase by 10%-30% because if you still want to make a bigger profit, I am afraid that you will not have a big chance to do that. It is better to profit while waiting for more because we never know when the price will be back to that high price. If you can wait for a long time and don't mind seeing the volatility of the price, you can hold it until the price hit the highest price. But that will be a long time for you to wait for the price to start to increase.

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December 09, 2020, 04:53:07 PM
 #77

For me there are 2 main tips that I can give you. First is being discipline and having patience, trades are not always gonna be a win for you learn to control your emotions and have patience for each trades you do. Second is know when to stop loss and take profit. Always set a mark for stop loss to minimize losses and set a reasonable price mark to take your profits. Don't be greedy to aim for super high % profit.
That's right and not being greedy is as important as anything because the crypto market is so funny that today the same coin might make you millionaire while tomorrow it might drop and make a billionaire a beggar so cash your profits as soon as you see the opportunity.

I also think that while emotions, greed and panic sell are important factors but one must also learn the basics of trading because no matter how strong you are and how quickly you cash the profits without being greedy but all these things happen when you actually learn trading and understand how to read charts and what is technical and fundamental analysis for a coin.

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December 09, 2020, 05:56:46 PM
 #78

My best trades are going through small scale profits per day and depositing daily profits into stable USDT coins. so for me a small profit is not a problem as long as it can be consistently profitable every day

This is what people do aim for which do really talks about consistency and sustainability into this market because this do proves out that you are doing well into your trades and when you do able to make yourself sustain with this market fierce movement then you would really be considered on the good side.When it comes to tips then it isn't really that necessary because those things can be acquired as you move forward into your trading journey.You would gain and be aware into those things ahead.Just don't heavily rely on others sentiments but rather create on your own which is more worth even though it might result into some loss but at least you are
aware on where did you get go wrong.

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December 09, 2020, 06:22:59 PM
 #79

I don't suggest many things, but I suggest you sell your coin whenever you see the price can increase by 10%-30% because if you still want to make a bigger profit, I am afraid that you will not have a big chance to do that. It is better to profit while waiting for more because we never know when the price will be back to that high price. If you can wait for a long time and don't mind seeing the volatility of the price, you can hold it until the price hit the highest price. But that will be a long time for you to wait for the price to start to increase.
I don't agree here because I am among those who sold some part of bitcoins around 12k expecting a correction to happen when it was pumped from 10 to 12k and now looking at the current price I feel like I should have been greedy and hold for longer period. Although I made profit but when the chance for profits arrive we must maximize them instead of looking to settle for minimal profits.

Crypto was built around heavy profits and losses and I am someone who believes that if you are looking for 10% profits then stock market is a better option and involves less risk. If you want to take chances then cryptocurrency is the perfect market and 1 out of 10 coins you invest will yield rewards so better maximize the profits.

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December 09, 2020, 06:56:53 PM
 #80

Sorry, if you think you can keep on making profit without any loss then you are wrong over here. There is no "tip" or strategy that can help you make profits forever. Sure, you might make some good profit, but it won't continue forever. Eventually you will make some losses. This is how it all works. If there are tricks to make profits without loss, why would someone even share it with you? And if it was really possible, there would have been tons of rich people.
I would suggest you to follow those strategies which other users posted to minimize your loss.

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December 09, 2020, 07:03:51 PM
 #81

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip
Probably the most important one is to always use a stop loss and respect that stop loss no matter what, whenever we make a trade we want to earn money, no one ever makes a trade with the intention of losing, but since we are not perfect then some of our trades will lose, however many prefer to keep holding their trade with the hope it turns around and that is when catastrophic losses can occur, it is better to accept defeat and wait until the next profitable trade appears than to risk losing a great deal of money over a bad trade.

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December 09, 2020, 07:43:04 PM
 #82

I think a good trading tip for making profit is to learn technical and fundamental analysis.
Technical and fundamental analysis is only used to make predictions of the possible momentum the market may pose.

Because with us mastering technical and fundamental analysis, it will be easier to determine buying and selling prices.
It does not guarantee accurate results due to the volatility of the market and the factors that may influence the price of the market in seconds. If you are a follower of the reputable market analyzer who is professional in technical and fundamental analysis whenever they make predictions they will say is "never investment advise"

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December 09, 2020, 08:25:47 PM
 #83

My best trades are going through small scale profits per day and depositing daily profits into stable USDT coins. so for me a small profit is not a problem as long as it can be consistently profitable every day

My simple and effective trading was only impressive on the days of bullrun from 2017 to 2018. Everytime I got bounty tokens with higher value, profit always follows without any hesitation. That's really worked out successfully unlike these days, many projects haven't prosper due to declined markets.
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December 09, 2020, 09:05:34 PM
 #84

I usually choose high volume and popular coins for trading, so it's easier to make profit. Instead of having to choose new projects
that have a small volume, ultimately if the dump cannot be recovered. Another tips from me when trading is always use the capital
that we can afford to lose. So when the price goes down we don't panic, can be patient until the price goes up again if we use the capital
that we can afford to lose.

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Boov
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December 09, 2020, 11:51:10 PM
 #85

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip


I've been successful only when I traded during bullrun, but with bearish market it turns our so bad and gaining better profit was too hard. Trading on a dip market is a big suicide, you don't know when to step on or just run away for nothing. Some of the mistakes we made was due to lack of knowledge and market observation.
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December 09, 2020, 11:56:45 PM
 #86

I usually choose high volume and popular coins for trading, so it's easier to make profit. Instead of having to choose new projects
that have a small volume, ultimately if the dump cannot be recovered. Another tips from me when trading is always use the capital
that we can afford to lose. So when the price goes down we don't panic, can be patient until the price goes up again if we use the capital
that we can afford to lose.

Yes, based from my experience, it is better to do your trading with top alts rather than those new ones.
New ones tend to have pump and dump scheme and you will never know when can you hit the right timing.
Also, if you can follow their updates and what's happening to their developments, you will have idea what's gonna happen with their market.
You can also do the intermittent trading as long as you are keeping the simple rule of trading, buy low sell high, you will not be on the negative end.
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December 10, 2020, 08:24:09 AM
 #87

I don't suggest many things, but I suggest you sell your coin whenever you see the price can increase by 10%-30% because if you still want to make a bigger profit, I am afraid that you will not have a big chance to do that. It is better to profit while waiting for more because we never know when the price will be back to that high price. If you can wait for a long time and don't mind seeing the volatility of the price, you can hold it until the price hit the highest price. But that will be a long time for you to wait for the price to start to increase.
I don't agree here because I am among those who sold some part of bitcoins around 12k expecting a correction to happen when it was pumped from 10 to 12k and now looking at the current price I feel like I should have been greedy and hold for longer period. Although I made profit but when the chance for profits arrive we must maximize them instead of looking to settle for minimal profits.

Crypto was built around heavy profits and losses and I am someone who believes that if you are looking for 10% profits then stock market is a better option and involves less risk. If you want to take chances then cryptocurrency is the perfect market and 1 out of 10 coins you invest will yield rewards so better maximize the profits.

That would be no problem if you said that. But we never know if the price will still increase. I got what you feel, but I think it is better to take any profit while the price can give us the profit, and if the price still increases after we sell, that means we need to learn more about analysis. I already sold my bitcoin too, like you, but I do not regret what happened with the bitcoin price because that is the consequence that I should get.

You can be greedy to chase the bigger profit, but you should always remember that there is no guarantee that you will see the price will still increase to the high price.

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darewaller
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December 10, 2020, 08:38:10 AM
 #88

I would say trailing stop would probably be helpful as well when you are someone new. Think of it this way, you bought something at 100 dollars, it reached to 105 dollars, you start to wait, if it reaches 100 you sell back, if it goes to 110 dollars you increase your bottom to 105, if it goes to 115 your bottom is now 110, if 120 your bottom 115 and continue like this forever until it starts to go down.
Yeah, when you double your deposit, take out your main amount. Let's say you invested 1000 dollars into anything, if you happen to be lucky and reach 2000 dollars somehow, take out your initial 1000 dollars and keep the other 1000 dollars and move on with the profits that way. I have done that before and it works wonders because you are a lot more relax and that usually leaves you with a great deal of profit as well.

I personally do not find crypto to be safe investment, it is a bit of a risk involved and most of the time when there is a risk involved you do not want to keep your deposit there. There is a good chance you may not do 2x neither, and in that case continue to make money as much as you can, but if you ever get to that level take out your deposit as quickly as possible.
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December 10, 2020, 08:51:30 AM
 #89

it's quite simple, just by reading the direction of the tram,
when the trend is bullish it's time to sell, if the trend is bearish then we are ready to buy.
This is also important when trading that is buy low and sell high. Others failed to do this because of panic buying at a high price and selling at low price. To be successful we should think our plans before making a move to trade in order for us to avoid losing money. This may works but others dont because of not doing a dyor before investing.
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December 10, 2020, 01:19:03 PM
 #90

Unfortunately there is no guarantee of success in business. It is a combination of strategy on the one hand and new thinking on the other that brings success to a business. The simplest tips for business success are to build on your experience. And start with small capital. This will help you to know a lot about the market and not to lose too much even if it is dumped. So you always have to keep your thinking stream creative and find ways to easily bring business success. In addition, you need to develop your creative ideas over time.
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December 10, 2020, 02:24:56 PM
 #91

Unfortunately there is no guarantee of success in business. It is a combination of strategy on the one hand and new thinking on the other that brings success to a business. The simplest tips for business success are to build on your experience. And start with small capital. This will help you to know a lot about the market and not to lose too much even if it is dumped. So you always have to keep your thinking stream creative and find ways to easily bring business success. In addition, you need to develop your creative ideas over time.
There is no guarantee of success in any business, including trading. Because success will be achieved with hard work and consistency. Trading requires basic knowledge of how to trade properly and profitably. Trading analysis is very necessary and a subject that must be learned in order to master the market. The more experience, the better so you will find the right strategy.

But not always trading will continue to be profitable, of course there will be some losses, but with a good strategy and proper management, losses can be handled properly. Psychology also plays an important role in determining each step taken.
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December 10, 2020, 02:31:24 PM
 #92

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

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December 11, 2020, 07:21:29 PM
 #93

I can say that the best ones you will get will be the ones you least expect. Usually the good ones are known ones, the common and sounds like it makes sense but doesn't really go into detail and you know them even before you hear them but you just want more.

Things like "buy low, sell high" sounds like it is common logic, but there are people who saw bitcoin price at 7k and didn't buy as recently as just few months ago, they were afraid price would go down even more, and they failed to buy, or people who bought there but not selling right now for example. Long story short things you will get as advice will sound simple and they will be good as well, you do not need anything new or marginal to make a profit, or at least not as far as I know, do not look for secrets, go for the common sense ones.
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December 13, 2020, 06:44:30 PM
 #94

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip


I've been successful only when I traded during bullrun, but with bearish market it turns our so bad and gaining better profit was too hard. Trading on a dip market is a big suicide, you don't know when to step on or just run away for nothing. Some of the mistakes we made was due to lack of knowledge and market observation.

Every newbie can be successful in a bull run but usually those who just buy and hold for a while make more money than those who make many trades every day.

It's a huge mistake made by new traders. They make a lot of transactions with each of them costing them some money in fees. Then they sum it up and think they're doing good because in the end they have more money than they started with. At the same time people who bought and held made 2 times more without wasting time buying and selling.
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December 14, 2020, 06:07:51 PM
 #95

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip


I've been successful only when I traded during bullrun, but with bearish market it turns our so bad and gaining better profit was too hard. Trading on a dip market is a big suicide, you don't know when to step on or just run away for nothing. Some of the mistakes we made was due to lack of knowledge and market observation.

Every newbie can be successful in a bull run but usually those who just buy and hold for a while make more money than those who make many trades every day.

It's a huge mistake made by new traders. They make a lot of transactions with each of them costing them some money in fees. Then they sum it up and think they're doing good because in the end they have more money than they started with. At the same time people who bought and held made 2 times more without wasting time buying and selling.
This is very common, a bull run gives the impression to everyone that they are a genius when it comes to trading the markets but this is a false impression, at some point the market goes back to moving sideways or it crashes and suddenly all of those people that did so well begin to get destroyed by the market, this is something that we will see once again we just do not know when, as it is possible the price of bitcoin keeps growing during the next weeks or not if the whales decide to crash market if they think the bull market has lasted long enough.

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December 15, 2020, 09:16:25 AM
 #96

Tips for success when trading are very easy, don't be greedy,
But it is not easy to control greed.

because when you are greedy for profit, then you will be caught in a trap,
so you can practice, and don't be afraid of bad experiences.
Lessons from bad experiences are one of the greatest assets you can have. You will make it correct in the long run as you trade and those bad experiences will be avoided, you will not do the same mistake again.

But if the attitude of greediness, it's one of the hardest opponent that you need to deal.



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December 15, 2020, 11:22:31 AM
 #97

Tips for success when trading are very easy, don't be greedy,
because when you are greedy for profit, then you will be caught in a trap,
so you can practice, and don't be afraid of bad experiences.

Most traders become greedy when they see the profit. They will forget to control themselves. It is easy to say, but it is hard to do as our emotions will be up and down many times in trading. Always limit your trading if you are new in trading and still learn more to become a pro trader. But you need to remember that you need to spend time before you can become a pro trader.

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Wipeout2097
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December 15, 2020, 03:05:46 PM
Last edit: December 15, 2020, 07:55:45 PM by Wipeout2097
 #98

Following the learning which you taught is the as it were rules that work in any circumstance. Making your claim rules. In the event that you can’t make your claim rules, take after others' run the show. Also keep in mind to be taught. Avoid being eager can murder your victory.

Focus is the as it were thing that matter. Starting a trade, Need to make a arrange for how long we exchange since we can't exchange for a long time. Other than that, the advertise circumstance will be changed, and we can't anticipate what will happen afterward. On the off chance that we feel that we ought to get out of the showcase, we ought to halt exchanging and take off the showcase. Avoid being covetous in case the circumstances are not great since that can lead you to hold how long.

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AjithBtc
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December 15, 2020, 04:23:18 PM
 #99

Once I made a sell order of ethereum at a price of $270, and the trade got executed within a day. Further I made a buy order at a price of $220. I made this order in the night time, and by the next morning it was a big surprise because more than one ethereum got added to the wallet balance. My buy order was for 6 ethereum. This trade was completely on random guess, but I was lucky to profit.

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December 15, 2020, 07:10:21 PM
 #100

Well, I trade in the crypto market for 3 years. I always hold %50 percent of my Bitcoins. I bought at $3700. Nowadays Futures are very popular and most people trade in USDT pairs. I follow coins and when I see oversold or overbought and RSI under 25 or above 85, I short or long. You need to be patient and stay the course. And I realized that before I was just trading without knowledge. Everybody needs to know technical analysis.

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December 15, 2020, 10:58:02 PM
 #101

what trading tips that actually worked with you so far?
and by worked i meant that you are making profit rather than losing money ...
PS: buying a long time ago is not a trading tip

Successful trading tips that have worked for me so far
Patience
Setting take profit and stop loss
Using low leverages
Adding more funds at loss
And Checking chart to know the best support level and Resistance level before opening positions.
These tips have been working for me so far.  They helped me minimise lose and maximise profit
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