Where do you get trading advice and tips from?

[milewilda]

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!

Better to have your own analysis and would follow on whats in it rather than on minding yourself on following others tips and suggested and if the time turns out that those tips are the
reasons on why you had lost money then for sure that would really be giving out that regretful feeling which i can say to be stressful.Nothing beats out when you do make out
your own since when it comes to sources for various ways or indicators on how to read up charts and reading or realizing sentiments then its not actually that hard.

[Dewi Aries]

If i got a problem in spot trading, although rarely to do it. Then sometimes i asked my friend who already in trading activity for long time what should i do. Like, it is better to keep holding, buy more or maybe do cutloss. Sometimes have more friends is good because they can help us with their experience and it can be good in trading activity espexially if we not have much experience in it.

[Vaculin]

If i got a problem in spot trading, although rarely to do it. Then sometimes i asked my friend who already in trading activity for long time what should i do. Like, it is better to keep holding, buy more or maybe do cutloss. Sometimes have more friends is good because they can help us with their experience and it can be good in trading activity espexially if we not have much experience in it.

It certainly they can give you some advice and tips but you also have to work hard in order not to rely on them. It was best to ask from our friends rather than to ask people online like joining signal groups, pump and pump as these are just a source of useless trading signals and they don't have such intention to help but only ask money from us.

I really appreciate that such friends that willing to help, as I also did sometimes. But aside from collecting ideas from them, we can also do online searches and watching tutorials.

[Hobo66]

Usually i get tips and News from Telegram channel. Their tips are working so good and chart system is so good. Also we have Whatsapp group for crypto discussion where we discuss about coins and some tips get from friend here. I also joined one facebook group where meme coin are usually discussed.

[cheezcarls]

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 remember the time that I was still a newbie in crypto last 2017. Since I didn’t have any “friends” that time who are into crypto and mostly are into online selling, e-commerce and network marketing, I self-study them by reading a lot of articles and watching videos on Youtube regarding the basics of trading, etc.

Most of the newbie and beginner friends I have insisted me to give them a “lot of time” to do step-by-step by doing this and that, etc. I just simply give them advice that due to my heavy schedule in my work, they should take time watching the videos, read more articles and learn more about trading in various crypto trading communities.

[Cherylstar86]

Usually i get tips and News from Telegram channel. Their tips are working so good and chart system is so good. Also we have Whatsapp group for crypto discussion where we discuss about coins and some tips get from friend here. I also joined one facebook group where meme coin are usually discussed.

I also usually get tips same as yours and their tips are really working so good but, sometimes I get tips from those people who knows a lot in this. Sometimes I do a lot of research for me to gain some knowledge. I gather as much as many information about this from anyone. I take those information that is most useful from his analysis and add it to mine then if it work, I will follow those tips but if not, I won't follow and move on and take other tips.

[ChuckBuck]

As far as I know copy trading is done by people who offer trading strategies, and of course they will get a little money from the profits that occur. but even then we have to be careful, because many of them are not pro traders, so the risk is still borne personally

Haha, of course, I never said that we can completely trust copy trading, its just a small suggestion for newbies to choose someone they can trust and trade in a better way for them, the time that they are starting. At the very least, newbies will gain some experience along the way, which can turn out to be important knowledge, which is the good point of copy trading. And newbies can choose who they can trust, which is fine 

[perfect999]

I remember the time that I was still a newbie in crypto last 2017. Since I didn’t have any “friends” that time who are into crypto and mostly are into online selling, e-commerce and network marketing, I self-study them by reading a lot of articles and watching videos on Youtube regarding the basics of trading, etc.

Most of the newbie and beginner friends I have insisted me to give them a “lot of time” to do step-by-step by doing this and that, etc. I just simply give them advice that due to my heavy schedule in my work, they should take time watching the videos, read more articles and learn more about trading in various crypto trading communities.

I have been around for 8 years, I am practically a veteran in crypto world, there are many people who have been here for 8 years or more, but the majority is brand new compared to me. Even with all of that I still do not have too much money because even though I was here, I didn't spend too much of my money in crypto, I even managed to mind 0.25 or so bitcoin with my laptop, that is how long I have been here and I still failed to buy a lot, which is a shame of course but I still consider myself lucky to be here.

After all of that I still do not tell my friends what to do, I do not teach them everything, I just forward them to binance knowledge base and they can read everything they want there, which is what it was created for, if they are serious about it then they can read and learn a lot about it, if they are not serious about it then they will end up losing a lot of money.

[electronicash]

those tips are often just speculation that you also can also come up with if you know how to read the charts. what you just need is to learn the indicators. don't fall for those in the telegram who says this token/coin will jump up, don't fall for it. you will never learn from it until you do it yourself and read the chart.

what you can do however is be updated with the fundamental news around cryptocurrency and regulators because they are part of the fud. fundamental analysis is also important, you can also buy and sell out of these fundamental analyses.

[seramania]

at first I learned from my friend a professional trader. it turns out that until now I understand a little and I learn based on the analysis I did and I also learned from several social media and youtube channels as supporters

[AakZaki]

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.

what you mean probably tends to lead to Fundamentals, because some News will affect the price of bitcoin or other coins. Fundamentals are also balanced with technicals. Every graph up and down that occurs can be predicted using technical analysis. Don't just rely on the fundamentals, you also need to read the chart.

[Yatsan]

I have first started my trading journey with the help of my colleagues that have introduced trading to me on which I have first known it and learned it as well starting from the basics and into application. I have widened my knowledge about trading by of course doing my own research or simple studying on my own trying out different strategies as well as getting familiar with the market where I wanted to trade with. Mostly I learn from reading on this forum as well as with the internet and also using my own experience as a preference based on what I have got into from the past and use my learning all together to be able to act properly on how to deal with my trading.

[molsewid]

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.

Absolutely, there's nothing wrong with taking or looking for other's trading analysis and tips because listening to other's tips you can also learn things that you don't know in our own type of trading set skills. I'm not totally saying that we must rely to other's opinion and their own kind of technical analysis but what I mean is look for the good thing about it and compare it to you, make a balance analyzation on with what you have heard to others compare to your own analyzation and take the good, sometimes being a good listener could also lead us to be a good trader.

[Kittygalore]

For me, a demo account of the Amarkets broker has become an excellent option for gaining experience and knowledge. This option seemed to me quite interesting, and you can take quite a lot of useful things.

That's actually a nice way to learn although some people in this forum don't like using demo account saying it's a waste of time although I feel like the mistakes that you can do there and how you can learn more about it risk free is just too good of a benefit to not use it. I do get advice in this forum and from my friends although I try my best not to take those advice to heart because sometimes what works for them doesn't work for me.

[Sanugarid]

I read books about the basics of trading in stock market because I feel like there's some similarities to trading in stock market in terms of analysis and trading although it's not a great reference point, I can still make do with information I learn and try to apply it and then see if it works or not. Good thing that friends are there to help with the trading so I don't fail miserably.

[travwill]

I used to use a lot of sources for market analysis, the success was variable and I was not happy with it.
As a result, I realized that most of the sources duplicate each other, therefore I could no longer trust them and I began to use only a few. In particular, these are the channels of two traders, one telegram channel and a YouTube channel with analytics.

[dunfida]

I used to use a lot of sources for market analysis, the success was variable and I was not happy with it.
As a result, I realized that most of the sources duplicate each other, therefore I could no longer trust them and I began to use only a few. In particular, these are the channels of two traders, one telegram channel and a YouTube channel with analytics.

Actually there are lots of sources which you can really make use into your analysis and its up into your own jurisdiction or own decision because not all would be that garbage and there are still some

analysis which are really worth to look upon because since we are just all speculators but doesnt mean that you would just close up your mind into your own analysis

and wont be tending to accept any possible changes which you might seem to be more realistic than your current ones.

[rosebrand]

I just get my advice form history... History almost always repeats itself, and it's a better gauge than anything.

You can get advice from as many random sources as you want as long as you can find an example of where it's happened before or if it's about to happen and confirm it on a chart or however else.

That's actually a good strategy tho, truly history repeats itself, you know I never taught of using this strategy but sometimes things do changes a bit so using this strategy we should also be observant as well because things might turn out the other way round. And I will also advice we shouldn't take random advice blindly, try making your own researches.

[iv4n]

I used to use a lot of sources for market analysis, the success was variable and I was not happy with it.
As a result, I realized that most of the sources duplicate each other, therefore I could no longer trust them and I began to use only a few. In particular, these are the channels of two traders, one telegram channel and a YouTube channel with analytics.

You sound like an experienced guy! I guess most of us had the same road, we tested many things, but in the end, everything fell down to a few sources! It's like there are too many experts, claiming to be, and they talk from their own perspective, which is usually wrong! So following a few people/sources, and creating your own strategy is crucial for making a long-term profit!

It's better to try to find your own way of understanding crypto fluctuation, and to trade by your insights than to trust others to do the job for you! There are people who are good and willing to share their predictions, but they are hard to find!

[Slow death]

I did the following:

1 - I learned technical analysis on youtube, I search on several youtube channels

2 -I downloaded technical analysis books on google

3 - I practice a lot every day I trade

I think this answers OP's question.