Don't trade using instinct

[kawetsriyanto]

It seems like gambling only if we are only trading by instinct. Very risky and we are supposed not to do that.
Btw, trading needs something more than it, trading needs knowledge, trading needs strategy, good emotional management, and also good control ourself to not panic and be wise.
We know that trading is not easy, that is why ensure to start trading with something that we really know

[1714686515]

1714686515

[1714686515]

1714686515

[1714686515]

1714686515

[Dewajuna09]

for beginner traders mostly use instinct when entering the market. and most of them lost their assets. there are many tutorials that teach how to analyze candle trading. DYOR

[Davian144]

for beginner traders mostly use instinct when entering the market. and most of them lost their assets. there are many tutorials that teach how to analyze candle trading. DYOR

And you are also very knowledgeable about other people's work, do they (the Newbies) contact you directly when they experience loss of assets and when they use their instincts in trading? really funny and annoying

[ardydyon]

oh that's the right way to do it, learn from your friends' mistakes so you don't lose assets in crypto.
with the experience and lessons you learn it will be a good capital when investing in crypto.
many people go the wrong way when they want to invest in crypto and lose their assets. it can happen because
they did not learn before entering the crypto world and they only relied on instinct.
I think for a beginner like you, choosing to invest in BSC is the right step, with the project and smart contract
bnb is a threat to altcoins that have long had smart contracts like eth. moreover they already have their own exchange binance.
my advice if you want to invest in altcoins, try to invest in altcoins that are in the top 10 on coinmarketcap. because that way at least
You have made a safe investment because you chose to invest in coins that have a large market cap and a clear project.

[ninkdwi]

for beginner traders mostly use instinct when entering the market. and most of them lost their assets. there are many tutorials that teach how to analyze candle trading. DYOR

And you are also very knowledgeable about other people's work, do they (the Newbies) contact you directly when they experience loss of assets and when they use their instincts in trading? really funny and annoying

maybe this is also true because I was one of the people who did this a few years ago.
and I don't deny that because it's true because when I was first here I didn't even understand it and just guessed whether it would go up or down, and of course you already know what the results will be
but indeed it is a journey and process i am not saying that it should be tried but it is true it has some truth even though not everyone does that.

[alpamar99]

because indeed there are still many people who are lazy to learn about something but want to benefit from it, so they think like that because for them it is like a shortcut without realizing the danger is very big and it can be detrimental because it is like gambling that only guesses and hopes for luck.
once or twice may be due to luck and chance, but it won't last forever.
and this is what beginners should pay attention to, because even in trading and investing there must be knowledge and one of them is reading the available market charts and stiffened with TA.

[Kasabus]

because indeed there are still many people who are lazy to learn about something but want to benefit from it, so they think like that because for them it is like a shortcut without realizing the danger is very big and it can be detrimental because it is like gambling that only guesses and hopes for luck.
once or twice may be due to luck and chance, but it won't last forever.
and this is what beginners should pay attention to, because even in trading and investing there must be knowledge and one of them is reading the available market charts and stiffened with TA.

If you are aiming for long term profits, then you should also have a good preparation for it, and not just do any shortcuts just to get there easily. You should have to make research first which coins will be more profitable in the long run either for pure investing or trading at the same time. Through learning fundamental and technical analysis, they will be very useful i think.

Well, trading from your own instinct may gain good results in the beginning but that won't always be the case. The market crash may happen anytime so if you know how to take advantage with this, then you will definitely still gaining profits despite the market is not really in a good position.

[alpamar99]

because indeed there are still many people who are lazy to learn about something but want to benefit from it, so they think like that because for them it is like a shortcut without realizing the danger is very big and it can be detrimental because it is like gambling that only guesses and hopes for luck.
once or twice may be due to luck and chance, but it won't last forever.
and this is what beginners should pay attention to, because even in trading and investing there must be knowledge and one of them is reading the available market charts and stiffened with TA.

If you are aiming for long term profits, then you should also have a good preparation for it, and not just do any shortcuts just to get there easily. You should have to make research first which coins will be more profitable in the long run either for pure investing or trading at the same time. Through learning fundamental and technical analysis, they will be very useful i think.

Well, trading from your own instinct may gain good results in the beginning but that won't always be the case. The market crash may happen anytime so if you know how to take advantage with this, then you will definitely still gaining profits despite the market is not really in a good position.

It should be like that because it's actually a very important thing while being here.
but most of the beginners they just want profit and are lazy to cultivate literacy and learning before jumping directly into trading.

trading from instinct is purely from luck and luck is not always on your side.

[gooders]

I have only 3 resources and my operating system does not have time to process so much news and I also want to read about projects, airdrops, token sales. Is there any text resource that talks about new projects and tokens?

[letyouearn]

Polkadot - Definitely should be presented in your portfolio. Avalanche also, Polygon and Near Protocol. Maybe some NFT coins - like: RARI, RARE, WAX, ENJ... And don't forget about BNB, of course.

[livingfree]

Is there any text resource that talks about new projects and tokens?

You have to visit several websites that are focused in listing new and aspiring projects. To give you an example, let's start with the popular one like coinmarketcap. The links below are good start.

https://coinmarketcap.com/new/

https://coinmarketcap.com/ico-calendar/

[Botnake]

because indeed there are still many people who are lazy to learn about something but want to benefit from it, so they think like that because for them it is like a shortcut without realizing the danger is very big and it can be detrimental because it is like gambling that only guesses and hopes for luck.
once or twice may be due to luck and chance, but it won't last forever.
and this is what beginners should pay attention to, because even in trading and investing there must be knowledge and one of them is reading the available market charts and stiffened with TA.

If you are aiming for long term profits, then you should also have a good preparation for it, and not just do any shortcuts just to get there easily. You should have to make research first which coins will be more profitable in the long run either for pure investing or trading at the same time. Through learning fundamental and technical analysis, they will be very useful i think.

Well, trading from your own instinct may gain good results in the beginning but that won't always be the case. The market crash may happen anytime so if you know how to take advantage with this, then you will definitely still gaining profits despite the market is not really in a good position.

It should be like that because it's actually a very important thing while being here.
but most of the beginners they just want profit and are lazy to cultivate literacy and learning before jumping directly into trading.

trading from instinct is purely from luck and luck is not always on your side.

Its like gambling in this case. But trading is too different from trading because you need to be more knowledgeable not just on the price charts alone but even on the current events that may cause the market to crash or create a price correction. And you should always have to develop your strategies that will work out for you. So trading using your instinct will not be usable if you aim to stay long in trading. That may be beneficial but for just beginner's luck, otherwise you'll gonna lose more on the rest of your trading.

[goinmerry]

https://coinmarketcap.com/ico-calendar/

Up for this. Been using this as my source on the upcoming ICOs.

Much better than those ICO tracker websites that are mostly being paid for the reviews.

Not a fan of ICO/IPO now that there are lots of different trends but not disregarding them as who knows there's a potential project that might come up.

[Questat]

for beginner traders mostly use instinct when entering the market. and most of them lost their assets. there are many tutorials that teach how to analyze candle trading. DYOR

And you are also very knowledgeable about other people's work, do they (the Newbies) contact you directly when they experience loss of assets and when they use their instincts in trading? really funny and annoying

maybe this is also true because I was one of the people who did this a few years ago.
and I don't deny that because it's true because when I was first here I didn't even understand it and just guessed whether it would go up or down, and of course you already know what the results will be
but indeed it is a journey and process i am not saying that it should be tried but it is true it has some truth even though not everyone does that.

And that you need some technical analysis in order to improve your trading results. We can use our instinct sometimes but it was important to have the basis of our decision as well. Having TA and FA, you can really see the difference between not using it. Of course, newbies could be hard to do this and it needs more market exposure and trading experience to make such analysis, and spending more time in the market will somewhat help a lot. If we wanted to reach our goal, I guess we have no choice but to do this instead.

[carlfebz2]

https://coinmarketcap.com/ico-calendar/

Up for this. Been using this as my source on the upcoming ICOs.

Much better than those ICO tracker websites that are mostly being paid for the reviews.

Not a fan of ICO/IPO now that there are lots of different trends but not disregarding them as who knows there's a potential project that might come up.

Same here.I do take up some glimpse on the list on upcoming ICO which i do really make out some investment if a certain project was actually does have potential or something different from the rest.

Using your instinct on trading is something that you cant really avoid because when emotion sets in then this is where your presumpting kind of behavior comes out aside on having real experience.

If you dont know on how to handle up yourself and mostly rely with this kind of method then you wouldnt really be having a good trading career.

[hello_good_sir]

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you.

Never heard of BSC before.

If you actually profited from whatever coin you invested in, understand that it was luck.

You are much better off diversifying out of that one coin that you hold, into more bluechip coins such as BTC, ETH, ADA that actually have utility and will survive in the long run.

[xSkylarx]

for beginner traders mostly use instinct when entering the market. and most of them lost their assets. there are many tutorials that teach how to analyze candle trading. DYOR

And you are also very knowledgeable about other people's work, do they (the Newbies) contact you directly when they experience loss of assets and when they use their instincts in trading? really funny and annoying

maybe this is also true because I was one of the people who did this a few years ago.
and I don't deny that because it's true because when I was first here I didn't even understand it and just guessed whether it would go up or down, and of course you already know what the results will be
but indeed it is a journey and process i am not saying that it should be tried but it is true it has some truth even though not everyone does that.

And that you need some technical analysis in order to improve your trading results. We can use our instinct sometimes but it was important to have the basis of our decision as well. Having TA and FA, you can really see the difference between not using it. Of course, newbies could be hard to do this and it needs more market exposure and trading experience to make such analysis, and spending more time in the market will somewhat help a lot. If we wanted to reach our goal, I guess we have no choice but to do this instead.

Agree instinct only applies to traders with a lot of market experience because he/she will know what the next move might be, as he believes it happened before and is using his instinct. However, as a newbie, it is not a good strategy because you are still learning and have no experience. Fundamental or technical analysis is the best to learn it requires a significant amount of time to learn and practice. Then you'll start devising your own strategy for triggering a trade.

[matchi2011]

And that you need some technical analysis in order to improve your trading results. We can use our instinct sometimes but it was important to have the basis of our decision as well. Having TA and FA, you can really see the difference between not using it. Of course, newbies could be hard to do this and it needs more market exposure and trading experience to make such analysis, and spending more time in the market will somewhat help a lot. If we wanted to reach our goal, I guess we have no choice but to do this instead.

Good trader use combine methods, they find ways to understand the market and with experienced behind, they also use their instinct to follow the market movements, it's tough to work with instinct alone as you are like dealing with it the same way you gamble, buy and hope that what you choose was right and the market will favor you, unlike with fundamentals and analysis the chance is far better for good outcome of your trades.

[adiebitsler]

I have only 3 resources and my operating system does not have time to process so much news and I also want to read about projects, airdrops, token sales. Is there any text resource that talks about new projects and tokens?

The resources are plentiful now, and if you want to see what new project announcements are about, you can stop by here: https://bitcointalk.org/index.php?board=159.0
and if you want to see the Airdrop and the ongoing campaign, then you can visit it here: https://bitcointalk.org/index.php?board=238.0

[masulum]

You have to visit several websites that are focused in listing new and aspiring projects. To give you an example, let's start with the popular one like coinmarketcap. The links below are good start.

https://coinmarketcap.com/new/

https://coinmarketcap.com/ico-calendar/

I've used this method, I'm trying to find new coins/tokens listed on CMC, Coingecko and so on. However, listing on this website does not guarantee the future of these coins. Some only last a month, then scam.

Then, I've also noticed the method my friend uses, by using a new live pair on Dextools, but most projects also end up rugpulled within a hour or less and some of them are fake smart contract. 

well, this is not good start i think