Where do you get trading advice and tips from?

[Hippocrypto]

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 formulated my decisions based on the information I got from my expert friend who's also been trading for 3 years. Some telegram groups might not be so accurate, and I don't really apply all those advice that they gave to my. This forum truly can help us gather different ideas to combine in order to gain more knowledge, but we should be careful because not all advise are good. Only pick the important details which applies.

[cabron]

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 formulated my decisions based on the information I got from my expert friend who's also been trading for 3 years. Some telegram groups might not be so accurate, and I don't really apply all those advice that they gave to my. This forum truly can help us gather different ideas to combine in order to gain more knowledge, but we should be careful because not all advise are good. Only pick the important details which applies.

Just like in crypto they also have different forums belonging to brokers.
Forex traders also have their own forum where they share trading systems in which they test some of their ideas and strategies, I think because the indicators they use are also working in the cryptocurrency market. Bitcoin has also been added to their market which many of them prefer to trade there.

[ChuckBuck]

Has anyone here ever heard of copy trading? I've never used it, but I hear a lot about it on several trading platforms. I'm not sure it's good to use, but obviously, it's up to you to choose who you trust. Copy trading with your own capital can be an advantage if the person you choose to trade with is sensible. You will also learn a lot from watching their orders. Anyone tried it yet?

[Kelvinid]

Maybe I was lucky to have a friend which has been in trading for quite a long time. I use to take advantage of our friendship to seek some tips and advice for free. Actually, what we did is we do some suggestions and market perspective where we notice there is potential. It is just from sharing ideas from old-timers to beginners and vice-versa is somewhat effective. I like the way he treats me and he also welcomes my opinion for the fact that he could also learn something from me. he takes some from but a take more from him. 

[Ararbermas]

Through internet of course, because most of the good traders nowadays were sharing their knowledge about doing trading, such tips and strategy. It's very helpful to be honest and for me through youtube is the most informative. because you can see how they do the things especially when it comes using indicators and etc, in my opinion i can say it's much better than reading some articles or books..

[Nathrixxx]

Majorly mine is on social media (twitter, facebook, telegram, whatsapp) and friends, and on every advice I got, I give it a second thought, research more on it weighing the feasibility before concluding on acceptance

[seramania]

Has anyone here ever heard of copy trading? I've never used it, but I hear a lot about it on several trading platforms. I'm not sure it's good to use, but obviously, it's up to you to choose who you trust. Copy trading with your own capital can be an advantage if the person you choose to trade with is sensible. You will also learn a lot from watching their orders. Anyone tried it yet?

Copy trading is basically copying a certain strategy to maintain at the best point when trading. I heard this from a friend, but they are also not sure about crypto trading and they still have to manage themselves when using crypto trading.

[ChuckBuck]

Copy trading is basically copying a certain strategy to maintain at the best point when trading. I heard this from a friend, but they are also not sure about crypto trading and they still have to manage themselves when using crypto trading.

I'm not sure you and I are talking about the same thing, I mean, some platforms allow us to copy other people's trades, such as those of famous people. But even then, we can't be sure that we can win, since the cloned person himself can't be sure of winning the trade. Furthermore, other factors, such as capital, will also affect trading results. But I still think it's good for newbies, new trader.

[dotcoin.info]

Personally, I have several experienced traders in mind, they have their own YouTube and Telegram channels on which they regularly show the basics of their trading, as well as post videos and market analyzes.
I look at their work and compare where and which of their knowledge and skills I can apply in my work.

[Karish2return]

According to my point of view i always get the knowledge  from the coins previous charts and graphs etc which give us much knowledge and that's it. Because it repeats itself and the main point about that read the coins more and more then only you can get benefit.

[CryptopreneurBrainboss]

Through internet of course, because most of the good traders nowadays were sharing their knowledge about doing trading, such tips and strategy. It's very helpful to be honest and for me through youtube is the most informative. because you can see how they do the things especially when it comes using indicators and etc, in my opinion i can say it's much better than reading some articles or books..

How many of those youtube traders that you're following predicted this ugly market we're currently experiencing? 90% of the youtubers parading themselves are traders don't have a clue of what they're doing. They're basically doing that for the views, I bet they get all they update form somewhere else which is why their content always look similar.

They follow the hypes and trend, for weeks now I have seen video of them all calling for the bounce but yet nothing has happened. Example is what the meme like shib when it was trending, u saw countless amount if videos pumping up in my feed that e begin to become disturbing. All were predicting how the next run is about to happen but now they're all gone.

We have authentic traders though on youtube but be very careful who you intend taking your advice from and don't just blindly follow instead you take them as a guidelines into your own traders.

[Chato1977]

Ask for everyone but never in Groups in telegram because they are all BS and Liar they will never even give you a decent advice on what to buy rightfully .

According to my point of view i always get the knowledge  from the coins previous charts and graphs etc which give us much knowledge and that's it. Because it repeats itself and the main point about that read the coins more and more then only you can get benefit.

Wrongly mate because going back to the past track will lead you to bad investing , Because history never repeat itself though sometimes happen .

[Silberman]

for trading tips I prefer to learn from my friend where he gives practice and knowledge to me rather than through social media platforms or others just giving theory without giving powerful practical tips.

There are good and bad things if you source out through social media. Some are just there to scam you and won't really tell you the actual strategy or just playing as an expert.

Some will sell their 'courses' for you to become a better trader, some sell real courses and some sell don't.

If you have a direct source and that's your friend who's been practicing trading, you better to be closer to him most of the time.

While it is true there are both good advice and bad advice out there, the problem is that there are probably ten times more bad advisers than good advisers and this is an issue, and if we add that a person without knowledge is not going to be able to tell apart the good ones from the bad ones and that the bad ones can attract the most newbies as they can make outrageous promises then it is easy to see why it is way better to just learn on your own.

[blockman]

According to my point of view i always get the knowledge  from the coins previous charts and graphs etc which give us much knowledge and that's it. Because it repeats itself and the main point about that read the coins more and more then only you can get benefit.

The charts are graphs are common way of determining what's going to be the next move for such coins. If you're a day trader, you'll mostly used it all of the time because it's what you need to decide whether you're going to buy that coin or sell it or simply hold it.
You'll get the idea of what will be the next pattern for that coin if you happen to be good at reading charts.

[Oilacris]

According to my point of view i always get the knowledge  from the coins previous charts and graphs etc which give us much knowledge and that's it. Because it repeats itself and the main point about that read the coins more and more then only you can get benefit.

The charts are graphs are common way of determining what's going to be the next move for such coins. If you're a day trader, you'll mostly used it all of the time because it's what you need to decide whether you're going to buy that coin or sell it or simply hold it.
You'll get the idea of what will be the next pattern for that coin if you happen to be good at reading charts.

Charts or simply technicals wont really be that precise on predicting prices but its true that this would be mainly used if you do step your foot in as a day trader or active ones because news and sentiments doesnt really 

come often which simply means that you cant just rely on it and you wont be having no choice but to use this another way of predicting on prices.Dont easily get hooked on  other calls and sentiments or tips.

Better to create your own and it would be worth to follow it but its not bad to see on others analysis as well.So it would just depend on you.

[Ryker1]

^[snip]
Better to create your own and it would be worth to follow it but its not bad to see on others analysis as well.So it would just depend on you.

Well, there is nothing wrong if you will look some time in other's analysis, but only making this as a reference of course. Pure technical analysis will not give accurate results in trading, sometimes you should listen to the point of the fundamental analysis which is very common when there is a trending coin. However, there are too many platforms that can help you to build your own analysis as you are also another tool of analysis. Advice and tips are very important, when you know the tips, it is very easy for you to solve the puzzle since you have already a clue, all you have to do is verify their work.

[blockman]

According to my point of view i always get the knowledge  from the coins previous charts and graphs etc which give us much knowledge and that's it. Because it repeats itself and the main point about that read the coins more and more then only you can get benefit.

The charts are graphs are common way of determining what's going to be the next move for such coins. If you're a day trader, you'll mostly used it all of the time because it's what you need to decide whether you're going to buy that coin or sell it or simply hold it.
You'll get the idea of what will be the next pattern for that coin if you happen to be good at reading charts.

Charts or simply technicals wont really be that precise on predicting prices but its true that this would be mainly used if you do step your foot in as a day trader or active ones because news and sentiments doesnt really 

come often which simply means that you cant just rely on it and you wont be having no choice but to use this another way of predicting on prices.Dont easily get hooked on  other calls and sentiments or tips.

Better to create your own and it would be worth to follow it but its not bad to see on others analysis as well.So it would just depend on you.

It's connected with news most of the time and you'll expect something to happen once you're able to connect the charts and as you analyze it. But if you are still not good enough having those standards, you can try to look for a mentor that you can follow about the market. It's hard to look for someone that you will trust with their analysis because many that you'll see in the internet are only doing it for content purposes but they add no value with their analysis as they only show some charts and talk a bit and that's it.

[Zilon]

I am open to guidelines irrespective of where I am getting it from. When it comes to trading every single person has their various approach to the market. For me I gather I much as I can carry open to learn from anyone. Take what is most useful from his own analysis add it to mine if it works I buy the concept if it doesn't i move on.

[roosbit]

Cryptocurrencies are speculative assets and from what I  have learnt is markets always become bearish when an influencer person makes a demeaning comment about crypto, regulation talks are against crypto or crypto miners being negatibely affected, the outcome is bearish and an opposite reaction makes markets bullish.
With all this information available you can easily tell which direction the market will be taking, though at times the reactions of markets are short term.

[iv4n]

Lately, I am not following anything related to predictions about possible price movements! Bitcoin, or any other coin/token... The first reason is that I don't have enough time for everything I want, the second reason is that I am a bit tired of reading the same things over and over again! With some coins, all you need to have is patience and reasonable thinking! The prices are making crazy swings, and if you are waiting for some "reasonable" top/bottom, you will see that, most likely! By that I mean if you are waiting to buy Bitcoin at $10k, it's a bit stretched, and for sure it's not something reasonable, but if you are waiting for $30k again, that will probably happen! It's the same with tops, and other coins/tokens... in my opinion, anything can happen, and I base my opinion on the past +5 years... in that time I saw many crazy swings, swings in the direction nobody expected to see!
So... don't be greedy! Be patient! Timing for buying/selling is everything!