Don't trade using instinct

[lousie9]

If you have entered to trade on the BSC platform then there are many choices of tokens that have pretty good potential, as well as some new tokens that have basic NFT and haven't gotten a very high ATH, then these tokens have very good potential for us to hold tokens.

Maybe my suggestion is that you can buy some tokens that have a staking system so that these tokens are very potential and have a small risk if we hold these tokens such as Cake, banana, hunny and the like.

[1714689813]

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[ene1980]

If you have entered to trade on the BSC platform then there are many choices of tokens that have pretty good potential, as well as some new tokens that have basic NFT and haven't gotten a very high ATH, then these tokens have very good potential for us to hold tokens.

If you are talking about the DeFi craze then it will die off eventually and we will see how many projects will survive a bear run. I am not going to invest in any those coins hoping that i could stake and make money because you never know what happens to these projects in the long run or during a bear run as majority of the developers usually leave the project and move on to other things.

[Reid]

If you have entered to trade on the BSC platform then there are many choices of tokens that have pretty good potential, as well as some new tokens that have basic NFT and haven't gotten a very high ATH, then these tokens have very good potential for us to hold tokens.

Maybe my suggestion is that you can buy some tokens that have a staking system so that these tokens are very potential and have a small risk if we hold these tokens such as Cake, banana, hunny and the like.

High potential for profits but with high risk due to custodial issues. You are literally like giving away your coins when you are staking.
Then, there is the possibility that it won't go the way you want it.
Another issue is, it needs to consume time to gain a better profit, while in trading you could just buy and sell in a short span of time then put it back in your wallet just to be safe.
OP though is talking about instincts, you need to act like a robot for gains and not by emotions that could rekt you even in a short run.

[Dragonfund]

just relying on instinct when trading, is like playing gambling...

Also relying just on your analysis will fail you, this is cryptocurrency and not stock.
There has been many situations here in trading that does the opposite movements because of some other external factors such as Fud by countries Ban and tight regulations.
Right before we had the first bitcoin dump from $63k to $28, BTC and Altcoins were all super bullish that everyone were hoping for $100k but then some exit their position right before the news because they knew the damage it may cause, that instinct as your fundamental beat technical here.
To survive in here, you need every sense to outsmart this market.

[gooders]

On Binance, a lot was taken out of the glass in the first hour. For a purchase, if you look at the shopping tape, the glass was almost all green. And the Bitfinix resisted it seems that they were selling mercilessly the price trying to contain

[RealMalatesta]

Self study and research is the key to succeed in trading though it is good to learn from experts or being mentored however trading with instinct is required when trading live because some of those things learnt during practice might not play out in real trading, a trader is expected to use their initiative in line with skills acquired during learning, of course chart patterns is very important in trading, it is the best indicator that reveals Price Action, I think it is most necessary tool for any newbie trader or investors to have the basic idea or knowledge of it, to avoid buying at peak or selling at low.

The difference between learning from the veterans and learning what to trade is you should learn how they trade and not what they trade. If you ask a professional what coins you should buy and at what price then you are doing the wrong thing, if you ask them how they came up with that coin and that price then you are doing the right thing.

I learned this a long time ago and I have talked with many people who were in the trading world, I didn't ask them what to trade, I asked them how they found a coin and a price for it and bought, why they bought that one and when they did it, so that way I was capable of learning to find stuff of my own as well. Obviously I am not super great at it but at least I can do it a little bit.

[rezasg]

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.

May I entice you to check on Stakenet's multiple staking solutions that provide an option for everyone, no matter how much XSN (the native coin of Stakenet) they own or their technical expertise. There is no limit to how much XSN you need to begin staking so you could start with just 1 XSN if you wish.
These are the Staking options that Stakenet provide:
- XSN Cloud Pooled Staking
- Normal Wallet Staking
- Cold Staking (TPoS)
For more information, check out their official site: stakenet.io

[Wahyuihib]

Knowing developments about altcoins that have good potential in the future is important if we want to be successful in crypto trading. because if we know it, then we will easily be able to buy the altcoin faster. just a recommendation from me, ISP is a good choice for now

[hodlvalley]

Knowledge is power. It's a s simple as that. Too many traders fall into the habit of following hype, without understanding the fundamental value proposition of a token or project they are chasing. This is a recipe for disaster. Having a regimented strategy, preferably that can be backtested for reliability is golden.

[MCobian]

~

Ethereum, BNB, Solana, Polkadot. Yes, those are some Altcoins that have potential in the future and it would be very appropriate if from now on you buy the altcoins with the amount of money you mentioned to be used as long-term investments.
For me, something good is never any intention to procrastinate.

All of the altcoins you mention are popular altcoins which do have a high enough demand, so they are safe to buy. Because the future top altcoins is
very bright, it can generate large profits for long-term investments. So it's better from now to collect these popular altcoins, so when the price is
pumped, we can get satisfactory results. I agree in investing in crypto world should move fast, if we delay buying potential coins we will only miss
the opportunity to make a profit.

Indeed, Altcoins must be chosen to invest so as not to fail rather than choosing to invest in coins or tokens whose future potential is not clear, they are definitely vulnerable to risk. If you choose the top Altcoin in investing then I can say this is a "play it safe" strategy.

But unfortunately there are still many investors who invest based on other people's opinions, and are influenced by influencers who promote shitcoins.
Especially newbies are always looking for projects that can give them big profits. Which they usually buy shitcoins, and ended up losing all
the capital owned. After that they blamed cryptocurrencies as scams, even though it was their own fault. Not playing safe investing in
top altcoins, therefore I always recommend for newbies to learn everything about the crypto world, so that they understand how to make profit
in a safe way in the crypto world.

[Nak Surya]

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.

investment in BTC and ETH asset value growth continues to increase very quickly and surely.

[nurilham]

It's good to hear that you're getting a profit, of course, everyone wants that too. Cryoto investment requires patience and thoroughness in it so use our minds well and carefully so that we can determine the right thing. understand the market and observe well, make market analysis so that it is easier for us to understand this ups and downs crypto market. the crypto market can go up or down at any time so stay calm when the market is down. crypto investing or trading is not a bad thing, we can study it and put it to good use.

[goldkingcoiner]

From my point of view, I think rather than instincts, the problem seems to lie with emotional trading. You make a good trade and you get all happy and think the next one will be good too. Same with bad trades, except you trade on the hope you will make your money back. Best practice is not to look at charts and step away from your screen.

[indo1]

It looks like gambling. Using instinct in trading without calculation in making decisions relying on an uncertain luck. We must learn to predict. Because this is not the same as gambling that relies on the luck factor.

[adiebitsler]

It looks like gambling. Using instinct in trading without calculation in making decisions relying on an uncertain luck. We must learn to predict. Because this is not the same as gambling that relies on the luck factor.

The luck factor is clearly present in all jobs, but it never happens at the same time and in the same person, so some people still say that trading is almost similar to gambling even though it has nothing to do with gambling.

[isaac_clarke22]

~

Trading and any sorts of business out there is already a gamble. Predicting market is easier said than done, because a lot of news out there plainly just throws numbers out there and mostly our prediction comes from those as well.
Somehow when you lose in trading, you can still get something out of your losses, but in gambling, you obviously lose it all.

[jostorres]

It's good to hear that you're getting a profit, of course, everyone wants that too. Cryoto investment requires patience and thoroughness in it so use our minds well and carefully so that we can determine the right thing. understand the market and observe well, make market analysis so that it is easier for us to understand this ups and downs crypto market. the crypto market can go up or down at any time so stay calm when the market is down. crypto investing or trading is not a bad thing, we can study it and put it to good use.

As OP lost money in start it's a nothing new we have some big number of members those lost good amount and then have their lessons because when some new person enters this crypto world he wants to do many things very quickly which never been good for him and his funds, so he faced problems and lost money.

We all need some good knowledge and then better understanding of this project where we are investing, after this all trading need some strategy and patience because without this no one can achieve his goals. So, if you want some recommendation then please keep in mind whales can play everywhere, and mostly they dictate on big coins because they want quick profit, and they never keep coins for long time.

[coinbitrade]

It's good to hear that you're getting a profit, of course, everyone wants that too. Cryoto investment requires patience and thoroughness in it so use our minds well and carefully so that we can determine the right thing. understand the market and observe well, make market analysis so that it is easier for us to understand this ups and downs crypto market. the crypto market can go up or down at any time so stay calm when the market is down. crypto investing or trading is not a bad thing, we can study it and put it to good use.

As OP lost money in start it's a nothing new we have some big number of members those lost good amount and then have their lessons because when some new person enters this crypto world he wants to do many things very quickly which never been good for him and his funds, so he faced problems and lost money.

We all need some good knowledge and then better understanding of this project where we are investing, after this all trading need some strategy and patience because without this no one can achieve his goals. So, if you want some recommendation then please keep in mind whales can play everywhere, and mostly they dictate on big coins because they want quick profit, and they never keep coins for long time.

exactly. Therefore, it is necessary to treat everything easier. it doesn't matter if you received a plus or a minus to your deposit. If you play long, then everything will be as it should be.

[matchi2011]

It looks like gambling. Using instinct in trading without calculation in making decisions relying on an uncertain luck. We must learn to predict. Because this is not the same as gambling that relies on the luck factor.

Not at all. Your instinct may help you to hold or to be brave when a certain market is not moving in your favor,
but it's not always that way.

You should have gather information base from facts and real market movements. The deeper your understanding,
the more you'll be able to anticipate the market movement.

Keep in mind that there are people who are enjoying this business by using charts and with good analyzation they
able to find good outcome with their invested money.

[fuguebtc]

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,

Most people go through a period of losses in this market to learn for themselves.

I have profited from BSC coins and now I have not invested in any other altcoins. 

Congratulations you have made a profit from the crypto, and hope that you will earn more the next time.

Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you.

DYOR. No one can give you the best advice, sometimes that's good for them but not good for you. You also said above you made a profit from BSC, keep using that skill and experience to analyze the top coins on CMC, you will find your next potential coin.