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Author Topic: Where do you get trading advice and tips from?  (Read 718 times)
fullhdpixel
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July 18, 2021, 10:30:51 AM
 #21

Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?
Ever since I started trading I have never gone to YouTube to search for trading advice. Most of those YouTubers would just be giving you fake contents so they can market something else to you. So it’s really not worth it. I’m saying that based on other people’s experience after they searched for trading advice using YouTube. But that aside, I’ve never had interest in going there to look for any advice.

I trade with my friends and I also learn a lot by reading articles and going for lessons that has to do with trading. I do a lot of research and when I discover something, I don’t quickly take it to be true, I do more research on that same topic to verify that what I have seen is the right thing or not.

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July 18, 2021, 11:14:34 AM
 #22

I used to get some tips and advice from some influencer around the internet especially through youtube because they really give specific information to other traders or those who wants to enter in trading.. And the good thing about it is you can actually see how they do some of the stuff when it comes doing trading, for example how to apply or to use indicators, it's very informative to be honest.. That's why i want to visit some of my favourite traders in youtube every day just to obtain more information from them. And it becomes my routine since i started learning trading.
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July 18, 2021, 11:16:10 AM
 #23

We can learn about trading from many sources like youtube, books etc, but for tips and advice I think it's a little bit dangerous if our trading decisions are based on other people's advice, because it will make us very dependent on that person, especially when the advice is about what coin worth to buy or be to hold or sell, it would be wiser to learn from own experience and follow the news of the crypto market.

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July 18, 2021, 02:46:23 PM
 #24

I used to get some tips and advice from some influencer around the internet especially through youtube because they really give specific information to other traders or those who wants to enter in trading.. And the good thing about it is you can actually see how they do some of the stuff when it comes doing trading, for example how to apply or to use indicators, it's very informative to be honest.. That's why i want to visit some of my favourite traders in youtube every day just to obtain more information from them. And it becomes my routine since i started learning trading.
The advice that I usually receive, it belongs to the managers of some big crypto groups on telegram because their establishment with tens of thousands of members is already their level of prestige, each market moment will be their different warnings and they also give strategies to do to stabilize position. Although they are also not perfect but they know how to keep their emotions in their hearts and show a calm attitude to people so that people don't panic, so quite a few times that I beat the market test is their contribution

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July 18, 2021, 03:09:12 PM
 #25

We can learn about trading from many sources like youtube, books etc, but for tips and advice I think it's a little bit dangerous if our trading decisions are based on other people's advice, because it will make us very dependent on that person, especially when the advice is about what coin worth to buy or be to hold or sell, it would be wiser to learn from own experience and follow the news of the crypto market.
other people's suggestions should only be used as a reference, and decisions should be based on personal thoughts. but for beginners I recommend learning from a friend who has experience in the world of trading, so that he can direct how to trade. and after that we can develop knowledge to find a trading style that suits our style, so that we will be comfortable to run it

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July 18, 2021, 03:23:17 PM
 #26

The first thing I got about crypto trading knowledge was from a friend, then it spread to social media, then it came to a place where I had to be independent and learn what I had to implement. It all started with a simple thing that led me to discover a precious gem that the whole world should know about.

Despite all the context of each discovery in finding a way to get this far. Be thankful that not everyone is as lucky as you.

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July 18, 2021, 03:39:56 PM
 #27

To be honest, researching about a certain coin would be a big help. Reading helped me a lot and even learned more from this forum. There are already lots of resources online which is an advantage but the best thing that really helped me is to try the actual trading. Truly, experiencing it is a different way of learning. We might commit mistakes yet we're learning tips through our mistakes.
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July 18, 2021, 03:51:35 PM
 #28

Actually a lot of advice and tips from various sources, especially in the Youtube channel which was so many in the past, now it has penetrated and is easy with many questions on tiktok about crypto trading I think there I always see the advice and tips given, I only take from the conclusion then combines with skill alone when trading crypto I think this is not much different from other sources that are easy to understand.

As long as you put in the hard work of doing this and for sure you'll find at every point about advice, there's been a lot of media articles that have spread how real trading is so it's just a matter of learning.

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July 18, 2021, 04:42:30 PM
 #29

These days, as more people become more aware of forex and cryptotrading, There are a lot of people giving unsolicited advice and tips as regards the subjects. The big question is who and where do you take your trading advice and tips from?

Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?
I get my knowledge from books, now there are a lot of awful books as well from people that are not interested on teaching you how to trade and instead just want to sell books, but there are many successful investors and traders that have in fact revealed their strategies so you can read their books and follow their strategy or if you have enough knowledge create your own, getting tips and advice from social media people is simply a mistake and no one should do it.



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July 18, 2021, 04:49:33 PM
 #30

These days, as more people become more aware of forex and cryptotrading, There are a lot of people giving unsolicited advice and tips as regards the subjects. The big question is who and where do you take your trading advice and tips from?

Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

Most of the times I get my trading advice from the charts and crypto news sites.
I look at technical analysis as well the current market conditions and the news to get a good perspective of the current trend.
I am not a professional but I am still learning and improvising my strategies.
So far the journey is going good. I believe if we keep trying and improvising then at one point we do get the rewards for the hard work.

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July 18, 2021, 05:37:07 PM
 #31

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

Been honest here, at some point in my journey in the industry I did rely on signal groups for my trade from telegram. Back then I didn't have an idea on how they operate, I thought they were genuinely just helping. They had VIP groups and always posts how those in that group are doing better than us in the general group which made me want to join but then their fees was outrageous and I was just early in the industry meaning I didn't have much to spare.

It was after few months of me joining the forum that I got to understand those are basically just pumps and dumps groups that rely on their audience to make them look like they know exactly what they are doing. Each coin they picked always pre- pump before we even enter the trade. It was kind of frustrating but since I wasn't losing, it was a good start.

After realizing, engaging in such practice only kills the traders in you I had to stop. After some few tries with trading myself I didn't enjoy it much when compared to investing so that's basically what I'm into now. I have friends that update me with some potential coins to trade but instead I just do my research and if I find any of interesting, I invest.

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ReiMomo
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July 18, 2021, 05:48:32 PM
 #32

These days, as more people become more aware of forex and cryptotrading, There are a lot of people giving unsolicited advice and tips as regards the subjects. The big question is who and where do you take your trading advice and tips from?

Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

I went through few video clips from youtube in the beginning where I learnt the basics especially when and where to place orders. Then learnt few important things by my own from my experience when trading. Social media played an important role.

Even learnt from our discussion here as well. Still learning. Your patience is the only key to gain profits in trading.

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July 18, 2021, 07:12:31 PM
 #33

Simply I do not get advice from anywhere lately. Yea, once a time I was stupid and took advice from others about crypto trading and lost portfolio as well. After then I never follow anyone nor take advice. Once I start to make decisions myself during trading after then I can say I am not in the loss at all although I am not in profits. I am pretty sure you will lose your portfolio especially if you follow trading advice from Telegram. From YouTube, you may just learn, but don't take advice from them. As soon as you can teach yourself then you would be gainers. Otherwise, it's pretty hard to stay stable in crypto trading by depending on advice.

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July 18, 2021, 11:24:34 PM
 #34

These days, as more people become more aware of forex and cryptotrading, There are a lot of people giving unsolicited advice and tips as regards the subjects. The big question is who and where do you take your trading advice and tips from?

Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

I do joined some telegram groups for the tokens that I hold, but I don't exactly follow their motivations because what I seen on the market depends on real trend. Advice only give me references in times of doubts, but not applicable everyday because some of members was spammers. I only absorb reliable discussions in order to have a healthy outcome for my profit.
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July 18, 2021, 11:49:24 PM
 #35

Trading tips from my friends but I do have my own strategy and I didn’t follow everything they’ve said to me, this is the safest way for me to trade and I know it’s too risky to depend to anyone.

Learning trading on your own are more effective and not prone to any fud and hype so it’s better if you learn trading though it takes time but its worth it.
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July 19, 2021, 04:04:36 AM
 #36

There is nothing that can bring us advise than this forum itself , Exploring the bitcointalk all areas will help us have realized what we are missing over the time of our investing.
i remember sometime when i am still noob and buying those Telegram and other social media groups about their So called "Trading tips" in which ending as no one is really truthful and legit but instead almost everyone is aiming for one thing and that is to grow their members and use the group for their own perspectives.
Trading tips from my friends but I do have my own strategy and I didn’t follow everything they’ve said to me, this is the safest way for me to trade and I know it’s too risky to depend to anyone.

Learning trading on your own are more effective and not prone to any fud and hype so it’s better if you learn trading though it takes time but its worth it.
You are lucky having a friend in which good in trading , but always put your own research because this is
our money that involves and no one will be blamed but ourselves only.

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July 19, 2021, 07:02:18 AM
 #37

At this time there is a lot of speculation that the BTC may fall to $ 24k, but they are assumptions that come out of the bearish movements of the market, and as a consequence of this the alts also suffer, that is why not everyone understands the market situations . But looking at it from Wyckoff's point of view it is very likely that we are in a bullish trend with a very large correction, but there is no long-term downtrend unless there is a re-accumulation.
Receiving someone's advice, following it and making a mistake would represent that if you lose it is very easy to blame the one who gives it, it is better to follow the strategies that you have yourself even if you make a mistake.

Wink
I agree with what you said.
Now is the cooling-off period of the bull market.

Quote
Quote
Receiving someone's advice, following it and making a mistake would represent that if you lose it is very easy to blame the one who gives it, it is better to follow the strategies that you have yourself even if you make a mistake
.
So I will not easily give advice to others. If the judgment is wrong, others will blame me (secretly blame me in their hearts).
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July 19, 2021, 07:18:53 AM
 #38



Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?
 Or do you get advice and tips from your friends?
[/quote]

 :(I paid for an analyst course, and I am currently losing money on my account.
Sometimes I get advice and tips from your friends
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July 19, 2021, 05:05:06 PM
 #39

I paid for an analyst course, and I am currently losing money on my account.
How much did you pay just to lose?

Sometimes I get advice and tips from your friends
If you've got generous friends to give you tips and advice, thank them. As long as they're telling you the actual experience they've got and even without them, you can learn trading on your own through experience.

.
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July 19, 2021, 05:10:45 PM
 #40

I honestly do not get "trading" advice, I just get information and that's about it, there is nothing more needed because if you keep getting advice from people you will see both sides on it for sure.

However information is something else, it has to be information not based on "This guy once said this" type of thing, that is just not good enough, I mean literally data, like for example what is the market cap, what is the marketing budget, what is the supply limit, etc etc these are all things, what is twitter follower number, what is the telegram group number, what are the interaction numbers, you can have 100k fake followers too, I want to know replies and likes and so forth, what does it get in other places like binance's tweets replies and so forth. Basically I need to get all the data I can, that is a lot better than any advice I can think of.

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