Good ways to trade?

[U Got]

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

[Shuuuuu]

You can check out Bitget Exchange. they claim to be the world's largest crypto copy trading platform. I have tried it before and even manage to earn some profits from their copy trading and they have a lot of good traders to choose to copy trade from.

[tyz]

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

There is no specific indicator for crypto. If you are familiar with stock trading, then you can basically use the same indicators as there. However, I wouldn't rely on technical indicators. Crypto is almost exclusively news-driven. In the long run, hodling good coins has proven to be the best option anyway.

[indah rezqi]

People want to work when they know what to do. Trading in crypto requires only the basic technicalities of figuring out what good Altcoins are the most in demand in the market. When we monitor market conditions more often, we will know which Altcoins are good for us to invest in. It's better now if the investment made is a long-term investment. Finally, we have to see the right time with strong analysis for some time in the future whether it is suitable to buy or not.

[bitkanu]

You can start to learn about TA and FA. that may be a good indicator for you to trade but remember that if none can predict accurately about what will be happening in the future. I should remind you that when you have been dealing with volatility in the market and that means if you must also try to understand about the risk.

TA was a good thing to be used as a way to determine the trend for the candle but the trend will be affected by the FA. Once there will be a good news for the market and this will be creating FOMO to make people to buy in.
That being said that you must try to learn more about how to determined FA.

Chart was not enough.

[goolesby]

I think it's better with Moving Average (MA) It helps to identify and follow trends, The advantages of Moving Average are Identifying the direction of a trend, finding trend reversals, showing potential support and resistance levels.
We recommend using a Simple Moving Average because most traders use this line. Moving Average indicates whether to buy or sell a currency pair (buy in an uptrend, sell in a downtrend). The MA will not tell you at which level to start your trading (for that you will need other indicators). So, applying trend indicators should be one of the first steps of your technical analysis.

[jrrsparkles]

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

RSI and Bollinger bands are the technical indicators used by the beginners when it comes to technical analysis but there is no limitations to use the indicators as long as you are strong with your analysis.

[Teknisi88]

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

Indicators are instruments used in technical analysis to assist traders in predicting price activity.
Ichimoku Cloud's first indicator is a collection of 5 lines, with each line showing a historical average, and the timeframe can be determined by the trader. In the case where 2 lines intersect, the space between the shadowed lines creates a "Cloud".
There is a trend when the price is above the Cloud and there is a downtrend when the price is below the Cloud.
Next indicator Moving Average (MA)
Moving Average is an indicator that evaluates the average price based on a timeframe, re-evaluating it over time. Moving Averages are also needed to reduce support and resistance levels.
Then also Volume, This indicator reveals the number of traders buying and selling Bitcoin. It is always recommended to check the Volume before entering into a trade based on other indicators.

[cricketkhampion]

First, you have to get more knowledge about that token which you want to trade In my opinion you should always make an investment in a new Altcoin and you should always make an eye on that token.

[Pelana vreo]

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

https://www.tradingview.com/scripts/btc/
you can choose technical indicators according to your wishes, because crypto prices fluctuate I usually use the Moving Average (MA) and SMA-200 as Support Resistance, you can search for them on google and make sure you have plenty of time to see what coins you want to analyze.

[Ibrahim60]

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

You should have to gather enough knowledge about crypto market. You need to research in Crypto market and need to choice potential and good coin for trading. You need to see the volume of coin and you must choose the high volume coin for trading. Those coin which have huge volume, by choosing those for trading you can get good profit. If you want to do day trading then you must follow the market in every minute. Also you need to choose a good exchange or platform for trading. Here I'm recommend you to choose Binance exchange for trading.

[Rahman11]

Scan business news and visit reliable financial websites.
Set Aside Funds. Assess how much capital you're willing to risk on each trade. ...
Set Aside Time, Too. Day trading requires your time. ...
Start Small. ...
Avoid Penny Stocks. ...
Time Those Trades. ...
Be Realistic About Profits. ...
Stick to the Plan.

[TheUltraElite]

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

There is nothing called "Best" indicator. You have to learn how to read them and interpret them.

Perhaps you are new to the market, you should start with reading charts and see if you can understand trends from them trying to relate with news. Then try to identify support and resistance levels. Along with that read the indicators but TA is best done on your own. Dont let someone else's bias change your opinion. After all TA is a pseudoscience and only 50-50 correct.

Dummy trading is the best way to start trading. Dont go looking for "best" - you will be fooled into wasting your money by many scammers who are using this term for fake signals.

[CaptainCrapper]

Trading in crypto is almost the same as trading the stock exchange. There is a right time to buy and a right time to sell. Need proper analysis and must be able to read market movements. Then it takes patience, because there are two options namely long-term and short-term, depending on whether you want to trade short-term or long-term.

Yes I agree with you I just add something if any trader or investor just invests or trades this capital which is not an emergency need for you. or you use this capital the amount is tension-free for you. Cause lots of new trader loss their capital for extraordinary emotion and quick decision making. and always you have to update one this market for update news and always you reserve a fund for buy low price.

[Om.monata]

there seems to be no indicator, even I call it crypto trading easier and simpler than stocks. because by visiting the exchange we can already trade and choose coins. it's just that there are a few things we need to do before trading, namely analyzing the coins we will trade, because that determines our profit

[Jating]

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

Maybe you can research this terms:

• Bolinger Bands
• Stochastic RSI

Usually this is being used by short term traders.

For those who have experience and been trading for mid. term goal, look for Fibonacci retracement.

For long term holders, no technical indicators, simple HODL.

[Jolankaa]

If you' re a beginner, I suggest u read this short, but very useful text  https://blockster.com/blockdesk/1349_5-things-we-ve-learned-from-the-business-world-about-crypto-investing

[kak uli]

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

Very interesting question in my opinion. In trading digital currencies, of course, everyone or traders have different ways and technicalities. this is what i do, firstly choose the right platform, start with small value first, don't be too emotional in trading or avoid excessive panic, and finally choose good trades that can make me profit

[m. yasir]

indicators are indeed very important for the analysis of coins that you should invest or trade for the long or short term. There are many things you should learn before investing if you don't want to lose. my advice should be to follow the telegram group or read the web of the project you want to invest in to find out information on project developments from team work

[aemma]

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

First welcome to the crypto space, it is one big, advanced and innovative ecosystem where a lot takes place such trading, investing, participating in public fundraising of new projects, being a developer and so on, therefore before getting started with the crypto space you will need to understand where your power or capacity lies. Don't just say you want to know about trading and the technical indicators for trading, you first need to learn about trading as a whole of which it cover everything even the question asked; if you know about technical indicators but lacks the requisite knowledge about trading you will end up making more mistakes.
Also, in the process of learning about technical indicators and trading you might even find investing and holding for long term more attractive. So no matter where you get yourself involved with, put in more efforts and you will make the most out of it.