Trading skills and strategies

[Cindella]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

[1714733131]

1714733131

[mk4]

Can you give us information on what you actually mean by "encrypted"? Because I really don't get how encryption related with trading. You might be totally misunderstanding what that word means.

[Cherylstar86]

Can you give us information on what you actually mean by "encrypted"? Because I really don't get how encryption related with trading. You might be totally misunderstanding what that word means.

I think what he/she meant about encryption is the modern asymmetric encryption methods which ables to secure by relying in it and also secure nature of transaction in blockchain. Cryptocurrency holders use private keys to verify that they are owners of their cryptocurrency. Transactions are secured with hashing and blockchain encryption techniques. But I think that begginers may have these strategies such as knowledge is power in any trading especially here in cryptocurrency. Learn to set aside funds, starts on small and be realistic about profits for you to earn good profit.

[john_nautica]

I'm curious too what do you mean by encrypted? I don't think you would be able to use that encryption on exchange since they will hold that for you, well there's a lot of strategies out there but it is up to you what kind of trader you want to be and there's an appropriate strategy for that and also I think it depends on the market what strategy you're going to use.

[Zilon]

Since you are new to trading I will suggest you try learning the simplest strategy that can give you profits then from there you can advance to a more technical analysis. Making sure your trading view is as simple as possible helps you understand faster how the market moves and determines the extent to which your profit and loss margin will collide. Stay focused on the tutorial get enough knowledge but avoid amigos adventures

[RokokGudangGaram]

I would like to ask what's the relation of the encryption? I think the encryption is more about the security and trading is all about trading different strategies have its own purpose. I think you should focus first on what kind of trader you are going to be so you would know what strategies you are going to use.

[Coin_trader]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

Learn try to use indicator, fibonacci and price pattern for starter. I know that you stumble on this terms since you watch already youtube tutorial but try the simplest way as much as possible. If you are long timeframe trader, Use a long time frame chart like daily, weekly and monthly so that you can get the price trend in the long run and to avoid being FOMO when price is pumping. See the beginners setup for trading.

• Common Indicators Combo:

*MACD, RSI and Bollinger Bands
*200EMA & 50EMA

• Use Fibonacci to get the right price level to enter and exit.
• Then use price pattern to predict what will be the candle movement in the future.

Reference:
Indicators and Chart: https://www.tradingview.com/chart/
Fibonacci: https://www.investopedia.com/terms/f/fibonacciretracement.asp
Patterns: https://altfins.com/knowledge-base/chart-patterns/

[palle11]

My advise to Op is to make his learning process for himself so that he doesn't get lost in the process. Learning time is important. You need to be gradual, everything should be understood by you as a learner before you can get through. Encrypted or encryption is not a simple process for you brother. Learn properly and enjoy trading with ease.

[wahyu wida]

I think if you have found a suitable strategy, this is very good for your real trading capital. but I only suggest to be able to control your trading psychology. because the real psychology of trading is the determinant of success in trading. On the other hand, money management is also important to manage risk and reward so that they are proportional

[New.in.trading]

I had to learn a lot as well... Whatever you do, do yourself a favour, and make sure to trade btcusd with demo accounts only in the beginning. When you start trading, and beginn with cryptos, its like you would have never seen a car from the inside, but jump into a formula 1 car, saying "What could possibly go wrong?!"... So please, find a simple strategy that you can learn, and test it with demo money. After 2-3 months, go on and try it with TINY amounts of money. The more you learn about tradeing on the  way, the more you can add risk. Always keep in mind, Trading is basically fighting against the rest of the world. Fighting them studied ppl, those geeks with their algos, and the YOLO traders... You gotta be better than each and everyone out there. So dont take it too easy.

[ipanks]

I do not think trading needs that encryption knowledge as in trading. You need to learn the basic lesson that you can get from Youtube, as you say. You can learn how to buy low and sell high and make a profit and that does not relate to the encryption you mention.

The process in trading can be select the coin such as bitcoin, ethereum, bnb, or other coins. Start to analyze the coin moves by taking a look at the time frame, use indicators available on that exchange, determine how much money you will use and when you can buy or sell. But there are other things that you need to learn about trading.

[lablab03]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

actually it's a good decision than making your own way base on what you read in some articles and etc coz its like you're fooling your self.. Unlike through youtube videos you can see and get everything without further do, which is you can apply it as well to make sure if its true or not. Just keep it up bro even it takes time coz that's the most important things in trading.. As the matter of fact no one can realy start trading and become successful immediately without doing anything coz its about efforts and patience, if you don't have such ability then good luck to you my friend and accept what will be the results afterwards.

[teosanru]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

Skills and strategies are all secondary, your primary focus should be entirely on gaining knowledge about money management, position sizing, stop loss and psychology. These are the main pillars of any trader. Making strategy isn't that difficult but following it religiously and making a mindset to improve it and take losses is the only thing that can make you successful at trading. By the way encrypted course( assuming you mean paid courses/indicators) are good upto some extent only, the one available freely are equally good it's all about the right mindset.

[passwordnow]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

There's no need for you to understand and decrypt what's with the encrypted websites that you've visited. If you only want to trade, avoid watching those youtube videos that are shilling at the start or ending of their videos. You might want to trade on your own or use those simulators that have the real time example of cryptos market pricing. Skills can be learned and knowledge can be gained if you just continue to learn with most of the resources that you see not only in the forum but also with those websites that you see.

[Fatunad]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

The thing i do presume about the word "encrypted" is that those things are in for sale or you would need to pay before you can get those indicators or strategies.Correct me if im wrong.
If i were you then dont waste up your money into something like these things because you can eventually make your own analysis and speculation without needing others idea.
Also those strategies and indicators can really be found for free in the net.All the thing you need is to make some search and put effort into it.

[Silberman]

I had to learn a lot as well... Whatever you do, do yourself a favour, and make sure to trade btcusd with demo accounts only in the beginning. When you start trading, and beginn with cryptos, its like you would have never seen a car from the inside, but jump into a formula 1 car, saying "What could possibly go wrong?!"... So please, find a simple strategy that you can learn, and test it with demo money. After 2-3 months, go on and try it with TINY amounts of money. The more you learn about tradeing on the  way, the more you can add risk. Always keep in mind, Trading is basically fighting against the rest of the world. Fighting them studied ppl, those geeks with their algos, and the YOLO traders... You gotta be better than each and everyone out there. So dont take it too easy.

This is the right approach, people want to trade immediately and this is is understandable as they want to make money but they need to be smart, they have all the time in the world to learn how to trade, it is better to take their time and begin with demo accounts and with small amounts of money than to start with all their capital, after all if you make a mistake at the beginning stages of your career but you only used a small amount then it will not be a big deal but for those that use all their capital while they are still learning this can be a tragedy.

[bitcub]

Try learn how to read charts, in that way you will not end up buying a coin from the top or buying selling it at the bottom price. You become a profitable person once you know this. Try also to learn indicators. I personally use MACD and RSI, this two are good combination to tract the next price action.

[Phrahm]

The ability to correctly analyze and read the chart makes it possible to make a purchase or sale clearly and without any problem

[el kaka22]

Basically, it takes time and discipline to learn it, one thing.. you need high intention, if based on high intention.. it will be easy for you to master it, in various ways that can deepen it or as you mentioned above. Stay optimistic and believe in yourself that you will be able to master it.

Theoretical approach is different from what we encounter in live market conditions; it means you must master the practical approach and not just the theoretical one. Learning and mastering about trading its tactics are so easier for anyone but executing the right strategy timely manner is too difficult even for pro traders. Hence, a beginner must remain positive until practice everything in demo accounts.

We can learn 100s of trading strategies from books and videos but when to use one and how to optimize that according to our trading requirement kind of approaches will be possible only we possible if we try in live environment with least capital or in demo mode. So, learning about skills and strategies is only 10% of requirement to be successful in trading and rest are depending on how intensively you practice in live environments.

[DibiaVxosis]

Trading cryptocurrency won't be that difficult if you got the right lectures and works towards it, the major requirement here is getting to know the strategy that works best for you, read about crypto and how it works, get a mentor if possible, but if not try to gather much knowledge and ask questions for a better understanding, there are some site which gives full details and lectures of the things you need to know about crypto and also watching YouTube videos can be helpful as well.

[Ryder Kudrow]

1.Learn a variety of indicators and K-line patterns related to trading in an attempt to find a suitable trading confluence point, and conduct correct trading by analyzing trends.
2.Trade with the right attitude, the attitude will affect your judgment.
3.Don't over trade. Even if the market provides multiple opportunities, try not to operate many at the same time, which will make it more difficult for you to manage risks. Try to avoid trading for the sake of trading. If multiple transactions are stopped, you will have to bear heavy losses.

[Karish2return]

As a beginner you should learn about the coins and analyze them through different ways whether you want to take help from youtube or whether you want to know about the coins by reading about them in different websites, which is although very important in trading.

[Ararbermas]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

youtube is the most recommended way to any beginners who really wants to learn trading rather than reading articles and joining to some group related to trading because its useless. Unlike through youtube videos that you can learn different way or should i say the exact way how to perform in the real trading field especially when it comes how to execute indicators.. So you better put your time in it if you don't want to waste your time and if you want to start trading immediately.

[LimLims]

Can you give us information on what you actually mean by "encrypted"? Because I really don't get how encryption related with trading. You might be totally misunderstanding what that word means.

Probably from the OP’s pov it seems like he was talking of paid signals.
As those sites are password protected and you get the password once you pay, so that is what he meant i guess.

Coming to OP, there is no perfect strategy to make money, if there too then also people won’t share.
What you can do is the just don’t get too greedy and try investing in limits.
Hope this helps you.

[worle1bm]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

If you are new to trading field then it's best to have knowledge about the market and keep learning and evolving with rules and marketing strategies which will best suit you.The past trading strategies won't work for you if you keep applying them without your intellect and research of the market conditions of the coin in which you want to invest.For newbies portfolio diversification is recommended but i would suggest to invest in bitcoin only if you have no knowledge of market at this time because there are so many fake coins which could devastate your portfolio over time so it's better to stay away from them.But making your own moves and decision is best advisable in this highly volatile market.

[Questat]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

I stop thinking the word "encrypted" as I don't know what you mean, I go straight on you being a novice in this field looking for a place that something gives you comfort. But first, I just to tell you now that never think trading is an easy job to take especially in your position and this might not give you a happy life to live with.

Strategies? I think you have done enough watching on YT, only you need now is to apply it in real trading to evaluate if those strategies you've got from online search really work. And there is one thing I should say, don't overly confident that the learning you've got is enough, you still need to continue reading and searching.

[fullhdpixel]

The best option to develop your knowledge and skills is a demo account. At one time I used a demo account of the Amarkets broker for this, and I was quite pleased with the results.

These days, we can find provision of demo account with almost every broker/exchange but unfortunately no beginner prefers to find time to get practice in demo accounts. I must agree with you that demo accounts are very much handy tool to develop our own technical strategies and from that we can develop all the required trading skills for a profitable trading career but the basic requirements here must be passion and dedication.

Learning from books for better trading can help only up to some level after that what we are practicing in demo accounts and live environment may decide the fate of our trading career. So, it is definitely essential to find time and show dedication to practice in demo accounts.

[Pamadar]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

youtube is the most recommended way to any beginners who really wants to learn trading rather than reading articles and joining to some group related to trading because its useless. Unlike through youtube videos that you can learn different way or should i say the exact way how to perform in the real trading field especially when it comes how to execute indicators.. So you better put your time in it if you don't want to waste your time and if you want to start trading immediately.

Take your time analysing different strategy coming from those influencers who are sharing their strategy,

It can serve as basis since some of those sharer do real trading and they'll showing how to interpret the market and how will you
able to expect what will happen in the next few minutes/hours of trading, strategy and patterns are learnable, it's always depends
from how take it seriously.

[Dewi Aries]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

If you already found it, maybe beside research you can try to learn technical analysis by yourself. I mean with senses and strategy to minimize losses. Because maybe sometimes even professional trader made a mistake and with that mistake we should know how to get out from the bad situation if market not like what we expected.

[Wawa2013]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

If you are new to trading field then it's best to have knowledge about the market and keep learning and evolving with rules and marketing strategies which will best suit you.The past trading strategies won't work for you if you keep applying them without your intellect and research of the market conditions of the coin in which you want to invest.For newbies portfolio diversification is recommended but i would suggest to invest in bitcoin only if you have no knowledge of market at this time because there are so many fake coins which could devastate your portfolio over time so it's better to stay away from them.But making your own moves and decision is best advisable in this highly volatile market.

In my opinion, not only beginners should learn to succeed in trading, but even professional traders should not stop learning. So if we really want to
make trading as a source of income, we must not be lazy to learn, especially for beginners, they have to patiently learn all things about crypto trading,
in order to understand how the crypto world works. If we start to understand the crypto world. Next we look for an effective strategy to be able to
generate profits, in the process of finding an effective strategy will experience many mistakes. If we can fix all the mistakes we have made, slowly
our trading skills will improve. This will make it easier for us to make profits in trading, and can also determine good coins for trading. Since not all
coins are good for trading, it is safer to start trading with Bitcoin. Especially for beginners who do not have experience and knowledge,
it is highly recommended to start trading using Bitcoin.

[Sanugarid]

Patience, awareness and alertness are some useful traits that you can have when you're trading and no money required for some, just effort and nerves to have them. Patience so you don't easily panic, awarenss of the current state of the market so you don't buy and sell at the wrong time, and alertness for the trends that are coming and trying to capitalize on them while it's not yet on the mainstream market.

[Slow death]

The ability to correctly analyze and read the chart makes it possible to make a purchase or sale clearly and without any problem

It's true, but it's necessary to do a correct analysis and put Stop - Loss because the price doesn't always really go up and if it goes down, at least the person won't have a big loss


OP I advise you to practice a lot with small amounts of money to be able to have experience, these demo accounts will not help you acquire good experience because the difference of being aware that you are trading with real money that you can lose everything with a demo account where are you not trading with real money Is very big

[Nigrinn]

In this matter, the most important thing is not to rush and do not act spontaneously, you always need to clearly calculate your ideas, starting with the smallest.

[semobo]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

Encrypted means the paid course? Most of the youtubers provide paid courses which gives better guides about the technical analysis and maybe their personal strategies as well but whatever strategy they teach you it doesn't mean it will work for you so better learn everything for free from the guides available on the internet and find your own strategy which takes time, money and enough failures as well.

[Silberman]

Basically, it takes time and discipline to learn it, one thing.. you need high intention, if based on high intention.. it will be easy for you to master it, in various ways that can deepen it or as you mentioned above. Stay optimistic and believe in yourself that you will be able to master it.

Theoretical approach is different from what we encounter in live market conditions; it means you must master the practical approach and not just the theoretical one. Learning and mastering about trading its tactics are so easier for anyone but executing the right strategy timely manner is too difficult even for pro traders. Hence, a beginner must remain positive until practice everything in demo accounts.

We can learn 100s of trading strategies from books and videos but when to use one and how to optimize that according to our trading requirement kind of approaches will be possible only we possible if we try in live environment with least capital or in demo mode. So, learning about skills and strategies is only 10% of requirement to be successful in trading and rest are depending on how intensively you practice in live environments.

I agree that there is a big difference between the theory and the practice, but at the same time the theory is necessary in order to save themselves from a lot of mistakes that could come up once they begin to trade for real, so newbies need to train both and do everything they can to learn from all the sources they have available before they trade for real, after all once you begin to trade with real money there is not going back and any loss and win will have a huge impact not only in your capital but even in your life if the wins or losses are big enough.

[blockman]

In this matter, the most important thing is not to rush and do not act spontaneously, you always need to clearly calculate your ideas, starting with the smallest.

I like what you said at the last, it is a true statement that most newbie traders have to remember. It's not really effective if they go big that quick as they start. They can start with little capital and then move on and upgrade a little by little when they think that they can embrace the risk higher. Having the right plan is true, it's like whenver you're not in mood, do not trade. That is simple as that. Although analysis is part of trading and that's the skill that he has to achieve but it's very achievable, while for the strategies. It's what the quote says as part of your strategy that you need to do.

[Clavulanic]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

Cryptocurrency knowledge isn't having encryption, it should be shared transparently to other people who kept trying to deligate their skills. If you're going to trade for an asset, it should be done vigorously as the involvement here was really a tough decisions. Sometimes our strategies won't work, that's why we need the experts who can be our mentor before we learn the whole process. Tutorial fo apply, but it's more important to do hands on study in order to experience the reality of how it's going to work out.

[gabbie2010]

Choose one or two trading strategies out of the numerous ones on YouTube practise it via demo or stimulation until you earn profits consistently, thereafter you can open a trading account with a credible and trusted exchange and start with a small fund to test your skills and knowledge acquired during practicing sessions.
Bear in mind that Its takes a lot of time, efforts and research to become successful in trading, these are not easy to accomplished in a jiffy but with dedication and perseverance you will get there, however erase the idea or mindset of becoming rich quick in trading.

[tygeade]

Bear in mind that Its takes a lot of time, efforts and research to become successful in trading, these are not easy to accomplished in a jiffy but with dedication and perseverance you will get there, however erase the idea or mindset of becoming rich quick in trading.

I agree that making easy and super fast profits must be the first imagination that most traders do have when they are getting into trading. If they understand the practical way of profit making from trading then probably they will have smooth experience while crypto trading otherwise they might lose all their capital as early as possible. I am one of them who lost all the capital on first attempt of crypto trading.

Choose one or two trading strategies out of the numerous ones on YouTube practise it via demo or stimulation until you earn profits consistently

Consistency is the thing, most traders never bother. They choose a new strategy and customize it according to their risk management levels but never test them to find out the consistency of a strategy which makes them to lose when they try those strategy in real markets.

I need some help or direction in terms of process and strategy.

Nowadays, you can easily find lots of trading related resources available on youtube and with few other trading related websites. You may go for studying with few of ebooks which are available for free cost as well.

[Kimonoe]

Choose one or two trading strategies out of the numerous ones on YouTube practise it via demo or stimulation until you earn profits consistently, thereafter you can open a trading account with a credible and trusted exchange and start with a small fund to test your skills and knowledge acquired during practicing sessions.
Bear in mind that Its takes a lot of time, efforts and research to become successful in trading, these are not easy to accomplished in a jiffy but with dedication and perseverance you will get there, however erase the idea or mindset of becoming rich quick in trading.

[zanezane]

In this matter, the most important thing is not to rush and do not act spontaneously, you always need to clearly calculate your ideas, starting with the smallest.

Shouldn't that thing be natural to a person, I think impatience leads nowhere and everyone should know that at an early age. Spontaneous act could work in some cases but in terms of trading, those times that you can do that is still risky that is more likely to cause you some losses rather than wins.

[Tygomi]

In trading, one should not give in to emotions, the cave, you need to clearly write a plan and move in this direction.

[Tygomi]

It's still a good idea to practice a little more, several awards for a certain one and paid, I want it, it helps to work on a real account.

[harizen]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these. I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

You already found a useful source. You just need to be used to it and tried to understand every inch of information you will see there.

There's really a part where you will be confused or having difficulty understand a certain thing as obviously, you are a beginner in trading. Again, just continue and move forward.

As you progress, eventually you will know the answer to some of your questions.

[Ziskinberg]

...

Bear in mind that Its takes a lot of time, efforts and research to become successful in trading, these are not easy to accomplished in a jiffy but with dedication and perseverance you will get there, however erase the idea or mindset of becoming rich quick in trading.

There are no sweet rewards if we just make our life so easy. Like in trading, we make it harder and spend more time to learn as there is no shortcuts have been made. If we are impatient people and never understand how it works, obviously there is no way for us to succeed but only to fail. And as we can see, no one will be able to reach their goal without hard work, patience, and perseverance, it all comes together.

keep trying, apply the learnings we've got, do ask if we never understand, and let someone that can be trusted guide us. But if we just like to have an easy life, then it has to say that trading isn't the right for us.

[jostorres]

keep trying, apply the learnings we've got, do ask if we never understand, and let someone that can be trusted guide us.

For that exact purpose, we are having open discussion here, right?
These days, you could get help on trading almost every related platform for free of cost as most such portals are encouraging our interactions. But, what is lagging on this scenario is, most beginners never keep trying. They keep their trading things with lesser priority; yeah most beginners keeps their social media activities at first in their agenda.

Developing trading skills and strategies are easier in this modern days and at the same time competition on trading environment also has become too complex as more people are participating. Hence, keep trying with dedication alone will help a beginner to have profitable trading experiences.

[Pamadar]

Developing trading skills and strategies are easier in this modern days and at the same time competition on trading environment also has become too complex as more people are participating. Hence, keep trying with dedication alone will help a beginner to have profitable trading experiences.

Nailed it! if you are keen and determine to succeed there are lots of platforms where you can learned this market.

Utilizing all the information and all those venues is already up to you, personal experienced is the best teacher when you are working with
this business.

Never to give up and never to stop enhancing your opportunities in all  possible ways. Keep pushing and keep doing your best.

[suryogandul]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

some encrypted websites to view indicators and encrypted trading strategies

I need to understand the meaning. trading is usually done on exchanges, but you're talking about encrypted websites?
it seems the website is for your tutorial media and you also discuss encrypted trading?
can you use simpler language

[perla]

What do you mean by encrypted websites? Darkweb? why would you look strategies on such field where you can find a lot of things on normal web, remember that every indicator have its own use, and with this uses you can identify the status or probably the trend of the market. Try to read more or watch more some basic indicators and what's their uses.

[perfect999]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

I don’t think there is anything that has to do with encryption in trading, it’s all about your strategies that you’re making use of. Encryption is totally different topic and doesn’t have anything to do with cryptocurrency when it comes to trading, unless you’re referring to something else or maybe storing of data? Or maybe wallet? Cause I have not heard that word encryption being used in relation with trading. You can be using crypto news sites like Coindesk or you can make use of Twitter to be getting information. You can as well learn through specific online courses on how to trade cryptocurrency.

[Bitstar_coin]

@op don't get ahead of yourself,  I think usual should take things slowly,  trading is not something you know within a short period, you must be ready to devote enough time learning some of the important strategies you can find on YouTube most especially to boost your knowledge, and this will be accompanied by several failed attempts before you can get it, so it is better to keep learning to gain more knowledge.

[Yamifoud]

@op don't get ahead of yourself,  I think usual should take things slowly,  trading is not something you know within a short period, you must be ready to devote enough time learning some of the important strategies you can find on YouTube most especially to boost your knowledge, and this will be accompanied by several failed attempts before you can get it, so it is better to keep learning to gain more knowledge.

We can't blame people for why they think about instant because that was in their mind. However, it was not in the way we get through it, the success can't come instantly and that is why these people like OP came to fail.
This is to say that trading is not for everyone and much more it is not for impatient people. There are several tutorials available on the internet but it looks like they are getting tired to see them instead of assuming that they are good already and they will think that they can still in profit even without watching and reading them.

[topbitcoin]

Maybe beside you research, there are a lot of website or video that not encrypted yet and can help you on your trading strategy. I think about technical analysis not  only theory but we must follow it with practice. If you think your research will need much time, you can do trading too with technical analysis that you can study in some sites or maybe youtube.

[Tervelatuk]

In trading, one should not give in to emotions, the cave, you need to clearly write a plan and move in this direction.

When we could controll emotion and psychology , everthing will run smoothly . no more panic selling as long a we dicipline with the think that mentioned in our trade plan.

if you already have the knowledge you can try it with a small capital will really help you to gain experience and things you should do or avoid in terms of trading, that's one way for you to learn more and take profits with your low risk because to beginners are very risky even if you have learned well from youtube or the website.

using small balance could test how our trading skills work, is it working well or need some improvement will review from the result.

[Mahanton]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

Just continue on what you are doing because trading career isn't a race for you to rush on learning trading and it isn't really that much needed that you would be getting all the necessary information.
Stick on the current things that you've been doing because this is just a slow process and this isn't a race for you to rush up because if you do mind on doing that then it would really result into
mistakes because you aren't really focusing on trying to sustain but rather trying to make some perfect trades which is always been impossible.

[Xinarae*]

Trading can never be avoided skills and methods the longer you spend within the market the higher your trading skills are going to be. Because they need  to find out marketing research chart analysis trading courses etc and it's mandatory to offer them longer within the market but those that have already got an honest knowledge of this information don't need to spend such a lot time. So if you would like to extend your trading skills, you learn tons by watching YouTube videos.

[CryptopreneurBrainboss]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading. Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

Now what's the encrypted message you speak off, my mind is telling me you're referring to chart reading that's how to decode the message in the charts. If I'm wrong them please clear the air, give us some examples and we'll be ables to help. I'm regards to trading, you have already taken the best first steps by first going to acquire knowledge on that field.

Trading is quite broad but if you can get the basic concept then you're go to start trading yourself. Basically trading is just knowing when to buy a coins especially when it's low and targeting the market properly to be able to sell at a higher price. While this quite easy on paper, it's that easy to execute.

You'll come up to many difficulties which is where your experience comes in to be the perfect guild on how you handle the situation that's why it's recommended to not rely on others for your trading signals instead work on yours. Perfect your strategy so it difficult times it can come to your rescue.

[Yatsan]

Knowing the market where you wish to do trading is the first thing you must study to be able to cope up on having the understanding on how you will deal on that market by observing the market behavior and by that, you can think of strategy to cope up with that market in favor of you of course to earn profit. Know your limits and budget capacities to assess when to stop or to continue doing the trade. It is really important that you are mindful of the market so that you will not be ignorant on what you will do next.

[blockman]

Trading can never be avoided skills and methods the longer you spend within the market the higher your trading skills are going to be. Because they need  to find out marketing research chart analysis trading courses etc and it's mandatory to offer them longer within the market but those that have already got an honest knowledge of this information don't need to spend such a lot time. So if you would like to extend your trading skills, you learn tons by watching YouTube videos.

There might be some confusion, there's a difference between marketing research and market research. Well, that's just a small thing that I've noticed but it's really needed for someone to grow and hone his trading skills. He needs to stay in the market for a long time to test different methods that he might find seem to be effective on him and as well as experience several market situations, bullish, bull traps, bears, and bear traps. I disagree somehow on the point in bold part, trading is the same as learning. It's a continuous process where learning never stops as you face different scenarios from time to time.

[TheUltraElite]

Mainly through youtube tutorials

I hope you are only watching them for the knowledge on trading and not to choose specific coins talked about in the said videos. I say this, because majority of such YT videos are shilling projects run by users who get paid to promote their coins and sites. Do not fall for that. In a better way, learning the same things for a stock market related video will make sure you dont get manipulated into buying a shitcoin but still getting the same knowledge about trading. Something that is a suggestion from my side.

and some encrypted websites to view indicators and encrypted trading strategies.

Never heard of such things. Can you rephrase yourself? Indiactors are available on many sites to view but they dont need to be "encrypted" - I have suspicion that you may have "paid" for these? If so, you are being scammed. But it can be said better if you state this more clearly.

Any guidance on encryption knowledge and any suggestions are welcome.

Are you using the term "encryption" as a blotched translation of the word "cryptography"??

If so you are looking at the wrong place. This forum is about cryptocurrencies not cryptography.

[killerman2]

You should start from the small amount and before that you should learn some basics of trading that how can you do ? And in what circumstances it will give you profit? The main thing is analyzing the coins which will definitely give you profit after being an expert of analyzing the coins.

[Jawadu]

When I started trading, I learned a lot from YouTube tutorials as well. YouTube is a good place to learn trading if you will find the right channel, you can learn from YouTube then boost your knowledge through trading view software. In trading view, you will find many advanced trading educational posts and the best strategies.

[Rrita]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.
I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

Welcome to the crypto trading world. So you are already in at trading. First of all, try to learn the Candlestick pattern(there is a ton of free videos on youtube/google). After that try to learn technical analysis, Risk management, Horizontal support resistance, etc. In youtube you can get those videos freely, personally, I am following crypto cred. Here is her youtube channel list: https://www.youtube.com/channel/UCBaU9NXRPjkLGgJy-M7RPCw From this link you can learn a lot about crypto trading.

[jaberwock]

Mainly through youtube tutorials

I hope you are only watching them for the knowledge on trading and not to choose specific coins talked about in the said videos. I say this, because majority of such YT videos are shilling projects run by users who get paid to promote their coins and sites. Do not fall for that. In a better way, learning the same things for a stock market related video will make sure you dont get manipulated into buying a shitcoin but still getting the same knowledge about trading. Something that is a suggestion from my side.

There were even some chaos created after the whole "bitconnect" thing that many many many youtubers got money from them, and they scammed people and stole money, and all those youtubers deleted their videos. Basically all of these people end up doing this because they want money, and youtubers could make a ton of money from one video.

I did marketing for many years, still doing a small amount, and I know what they are charging, even the tiniest places charge from 100 to 400 dollars, depending on if they are fake or not, fake ones charge 100 dollars and then buy views close to 10k, the real ones that are tiny charge around $400 and they have real 3-10k viewers and you can see the impact on the price when they do it.

These are the small ones, if what you watched has 100k+ views that means we are talking about close to 5k and even more, million view ones charge as much as 25k per video. So, if you are seeing a token/coin suggestion on youtube, know that it is guaranteed 100% paid, do not care how much you trust them, it is 100% guaranteed paid advertisement.

[jrrsparkles]

Trading simulators can help you to understand the process of trading upto some extent but the real strategies can be build not be taught so everyone have to find their own way in this crypto trading because not everyone is going to act same to the same action.

[Vaculin]

Trading simulators can help you to understand the process of trading upto some extent but the real strategies can be build not be taught so everyone have to find their own way in this crypto trading because not everyone is going to act same to the same action.

yeah, and the other thing is that the market is totally unpredictable and the trend keeps on changing which means that it is really our personal decision made the future of our trade, not the other person. That is why we stop relying on others but have to build our own ideas and strategies. We can do to follow other's ideas but it is never to think that it all comes in the same results. Like if this strategy it work for him, it is possible it never works on us, many events happens like that.

[Silberman]

keep trying, apply the learnings we've got, do ask if we never understand, and let someone that can be trusted guide us.

For that exact purpose, we are having open discussion here, right?
These days, you could get help on trading almost every related platform for free of cost as most such portals are encouraging our interactions. But, what is lagging on this scenario is, most beginners never keep trying. They keep their trading things with lesser priority; yeah most beginners keeps their social media activities at first in their agenda.

Developing trading skills and strategies are easier in this modern days and at the same time competition on trading environment also has become too complex as more people are participating. Hence, keep trying with dedication alone will help a beginner to have profitable trading experiences.

It is true that thanks to the Internet the available information for newbies is huge unlike what happened decades ago in which the information was harder to come by, however this by itself is a problem, after all it is not rare to find contradictory information on the Internet about people that say that you should do something and someone else that says the opposite, so this can be very confusing for a newbie as they do not really know enough about trading in order to know which one of them is correct and this makes their learning experience even harder than what it should be.

[Shasha80]

Trading simulators can help you to understand the process of trading upto some extent but the real strategies can be build not be taught so everyone have to find their own way in this crypto trading because not everyone is going to act same to the same action.

yeah, and the other thing is that the market is totally unpredictable and the trend keeps on changing which means that it is really our personal decision made the future of our trade, not the other person. That is why we stop relying on others but have to build our own ideas and strategies. We can do to follow other's ideas but it is never to think that it all comes in the same results. Like if this strategy it work for him, it is possible it never works on us, many events happens like that.

The most important thing in crypto trading, we really can't rely on other people to make decisions, because it only makes us lose money. As you said
we do have to have our own strategy when it comes to trading crypto, to be able to have a good strategy requires hard work from yourself. Because
good strategy requires practice and knowledge, if we don't have that, it's very difficult to find a good strategy. So if we want to become a successful
trader, learn a lot about the world of trading, then practice as much as possible in order to correct any mistakes that have been made. By doing all
that over time we can have our own strategy that we can really rely on to generate profits.

[LUCKMCFLY]

Trading skills and strategy always comes from yourself. You can have it by learning it by yourself. Yes, trading materials and youtube tutorial can help but it's better to experience first and learn from your own mistakes. As the day goes by while you do trading, for sure you will learn and can think the best strategy that you can be use in trading. Don't rely on others and don't always follow them, like the coins they trade because you just watch it in YT. Always DYOR in terms of coins to trade and don't worry if you lose sometimes, that is part of trading. There is no perfect trading, anyway.

You are right, many times we must trust our intuition, although sometimes there are scenarios in trading that are difficult to understand, however in my case I wanted to go further, I started reading books thanks to a friend who is a YouTuber, him He recommended reading authors such as Wyckoff, Livermore, Burton, Buffet, among others, the idea is that you have an idea of how the market moves, of how to analyze it in order to enter into technical analysis.

If we have knowledge backed by authors who were market speculators in the stock market, there are situations that are easy to recognize, at least we have a clearer idea of when to buy and sell, at what stage of the market we are, of course to Short term or scalping everything changes due to the enormous volatility of BTC, but in the same way, it will be illustrated a bit if it works.

[conected]

Trading simulators can help you to understand the process of trading upto some extent but the real strategies can be build not be taught so everyone have to find their own way in this crypto trading because not everyone is going to act same to the same action.

- Agree, strategy is a fishing gear and no one shares their gear with others because sometimes people will have this far-reaching anxiety that one day the people they teach and share equipment with will overtake them, even instead of reciprocating and being grateful, these people will shrink the environment and limit our monetization. Morality won't be that bad but worry is still anxiety, besides, strategy is the formation of encounters and failures, skills are also taught from such experiences, cannot be grouped into one book because of its diversity

[Mpamaegbu]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials and some encrypted websites to view indicators and encrypted trading strategies.

Viewing YouTube tutorials on trading is a good place to start learning, and you're already doing that. However, I don't understand the "encrypted" part of your post. Learn ardently all you can on YouTube with rapt attention, it will pay off eventually. Just give it some time. Don't be in a rush to hit a jackpot (this is sadly the mistake of many a noob trader). Whatever you learn on YouTube, try as much as you can to focus of Price Action movement and leading indicators of Support & Resistance, Pivot Points and Lines.

I need some help or direction in terms of process and strategy.

You can chat the YouTubers you follow their instructions on that. You can't be too sure those offering you trading advice and tips here are traders. A lot of us may not be into trading but hodling.

[jaberwock]

many times we must trust our intuition, although sometimes there are scenarios in trading that are difficult to understand, however in my case I wanted to go further, I started reading books thanks to a friend who is a YouTuber, him He recommended reading authors such as Wyckoff, Livermore, Burton, Buffet, among others, the idea is that you have an idea of how the market moves, of how to analyze it in order to enter into technical analysis.

If we have knowledge backed by authors who were market speculators in the stock market, there are situations that are easy to recognize, at least we have a clearer idea of when to buy and sell, at what stage of the market we are, of course to Short term or scalping everything changes due to the enormous volatility of BTC, but in the same way, it will be illustrated a bit if it works.

Among other stuff those people usually focus on the fact that you should not only invest into something just because it looks profitable, but also find investments at where other people are not looking, find stuff that are boring and make your payday on those. There are so many people who would want to buy a tesla stock, however buying geico is not a flashy move, yet one that made warren buffet so much money. So, sometimes even the most boring options could be the most profitable ones.

I keep remembering that on bitcoin, buying bitcoin and holding it for 10 years could yield me 10x profit, or maybe 50x profit, and requires me to wait for a decade, whereas there are people who try to make that kind of money overnight, and that is the problem. I can't really believe what they are making, some of them make so much profit, but at the same time there are way too many that lose everything.

[Adorald]

It's hard to believe in such quick earnings. Although anything can be

[Mamun74]

Now you can easily learn how to start good trading from youtube and article books. Also You can learn from your relatable person who knows about trading. So you can find many education post and best strategic. I suggest you,when you start trading then you choose valuable coin and small deposit for first trading.

[isaac_clarke22]

~

Doing the youtube tutorials alone won't do. It is like learning how to program by just watching crash courses out there. You need to exactly do something and your mistakes will determine on how much you learn. Not sure what you mean by encrypted sites and encrypted indicators though, surely all those indicators like Bollinger Band and RSI would be enough for you to learn the ropes already in trading.

[kumala_abi]

~

Doing the youtube tutorials alone won't do. It is like learning how to program by just watching crash courses out there. You need to exactly do something and your mistakes will determine on how much you learn. Not sure what you mean by encrypted sites and encrypted indicators though, surely all those indicators like Bollinger Band and RSI would be enough for you to learn the ropes already in trading.

everyone will be different to use a combination of indicators, but we should not use too many indicators, because sometimes indicators do not work in sync, and this will eventually confuse us to take action. I think using 2 indicators is enough, as long as we know the performance of those indicators and learn the discipline to obey the rules of these indicators which we can learn beforehand

[TheUltraElite]

There were even some chaos created after the whole "bitconnect" thing that many many many youtubers got money from them, and they scammed people and stole money, and all those youtubers deleted their videos. Basically all of these people end up doing this because they want money, and youtubers could make a ton of money from one video.

I remember how much of a hype BCC was at one time and many of the forum members and  outside this forum users took part in it. A large group was from PH and I would interact with them through chatrooms and so. Tried to explain it to them but they would not listen and they are rooted to the fact that the site was legit. We all know what happened after that.

I did marketing for many years, still doing a small amount, and I know what they are charging, even the tiniest places charge from 100 to 400 dollars, depending on if they are fake or not, fake ones charge 100 dollars and then buy views close to 10k, the real ones that are tiny charge around $400 and they have real 3-10k viewers and you can see the impact on the price when they do it.

Thank you for sharing your professional experience. It is sad to see how certain unscrupulous youtubers are willing to mislead people into wasting their time and giving them a false sense of hope with such videos.

These are the small ones, if what you watched has 100k+ views that means we are talking about close to 5k and even more, million view ones charge as much as 25k per video. So, if you are seeing a token/coin suggestion on youtube, know that it is guaranteed 100% paid, do not care how much you trust them, it is 100% guaranteed paid advertisement.

I have long learnt to ignore those and only listen to facts that have proper evidence or can be proven. What I dont like is that some newbies want to genuinely learn about crypto and they get side tracked to such shill promos.

It's hard to believe in such quick earnings. Although anything can be

Honestly speaking, what are the chances you can win a lottery or be able to buy a shitcoin that will rise very high in price? Very low. So would you rather look for the needle in the haystack or work on developing your own trading skills in order to make money?

[checkmatesir]

As a beginner you should learn some trading skills as it is very necessary for trading, without these strategies you don't be able to trade and you will be in loss. For which there are a lot of tutorials on youtube and any other sites on the internet. But more importantly in trading patience is very necessary.

[Anamika1000]

The trading community has always provided you great benefits but if you have some own guts and you know about the trading and the important thing that you should know how to analyze the coins which are very important in trading. But I have seen people who didn't know about trading but can get profit because of having a great fortune.

[imstillthebest]

if i understand correctly you want a process that will cut your time learning ?
i dont think theres any legit but there are fake and will guide you like this and that but all they want for you is to fall and worst is they will only take your money .
what your doing is already correct , your researching in your own and you think your doing great . you just need extra patience

[Questat]

if i understand correctly you want a process that will cut your time learning ?
i dont think theres any legit but there are fake and will guide you like this and that but all they want for you is to fall and worst is they will only take your money .
what your doing is already correct , your researching in your own and you think your doing great . you just need extra patience

NO, we can't any shortcuts when it comes to learning about trading as it takes a while. And those who want shortcuts and easy ways of making money have no surprise that they will end up short due to suffering losses.

I know we all wanted to become rich but bear in mind that there is no such way to bypass and these people who come and talk that they help us, it was just like a joke and why not help themselves first before offering to others if they know already? It was obviously a scam trick and we don't need to fall ourselves to them.

[Woodie]

I am a beginner in trading and have just entered the field of cryptocurrency and tried trading.Mainly through youtube tutorials

Honestly I have also learnt  a lot from YouTube and it's all about investing the time to learn  new trading skills from there, and the advantage of knowing how to trade is you won't be restricted to only crypto but currencies and everything tradeable.

and some encrypted websites to view indicators and encrypted trading strategies.I think I may have found some reliable technologies while searching and learning, but it takes time to research, and I don't know what to do with these.

Hey buddy this is new to me,kindly share what you mean by encrypted websites.

I need some help or direction in terms of process and strategy. Any guidance on encryption knowledge and any suggestions are welcome.

This encrypted trading share more information about it but best strategy I have got to know is ICT trading or smart money trading if you like.

[Pethanou]

Having some experience, each one already develops and finds its own strategy, with which it is convenient and comfortable to trade, and you can always try to test it on a demo account Amarkets, and it is quite convenient.

[rima28]

Trading skill and strategy is a very important courses. many people like this reading skill and strategies .you can learn how to buy law and sell. high and make profit and that does not relate to  the in encryption you mention. the process in trading can be select the coin such as Bitcoin ethereum bnb for other coins. I think you should focus first one what kind of trade are you are going to be so you should know what strategies you are going to use.