Good ways to trade?

[TheUltraElite]

I often use Coinmarketcap to monitor coin price movements. The advantage of Coinmarketcap is that we can check stories along the coin's journey. So that changes in the price of each bull run can be used as a guide for further investment.

If you would use another site then you would likely see the pros and cons of using another site. Not that there are many. I use both CMC and Coingecko, and I find differences too little between them. It becomes a personal preference. Although I would say the CMC site is more designed in terms of appearance and more ads embedded in links for third part services.

Talking about indicators, you would need tradingview for that. You cant find them directly on CMC. But keep in mind that indicators are only a 50-50 guess as to what the market may move towards. It does not guarantee movement and neither are they confirmatory.

[Wildwest]

If you used to be a stock player then the crypto world is almost the same as stock trading, and we also do not have special indicators in trading then potential coins are the choice of all of us, and the price in a coin is also very dependent on positive news spread across various media and the hard work of the team is the main capital, then we must also be able to set when the right time to collect coins and also to release coins that we have already released. Hold, and we never panic in trading if you want to make a profit.

[herizal85]

The right way to trade is to try to buy a little ethereum or other altcoins as a test material. Try holding altcoins for a long time and see the comparison between buying and selling.

[Btczaddy]

When ever you want to trade I will always advice you to trade when you are in your right state of mind and secondly, don’t trade when you are angry. Always makes sure you do a good research before you get involve in any trade. And I also strongly advice you meet a skilled and experienced trader to show you how, cause online lectures alone can’t be enough, to minimize losses.

[Pulsar77]

You can check the old statistics of a cryptocurrency and its graph also. But you should already know that there is no way to predict this market correctly all the time. Because as you might have heard, this market is very volatile. You can witness insane price changes in a short time. For example, Bitcoin dumped from $52k to $42k in only half an hour not much time ago.

[oemar bakrie]

learn with very experienced people first, if you have friends who know better than you it's better because it can be easier to know how to trade properly and correctly..
.and also multiply to find information in every market so that the goal can be to find out what coins are good for us to take..

[Jilapikhamu]

My personal suggestion
MACD and RSI

[Orange89]

The best way to be be a good traders is by making a good analytical about the market that's by understating the chart for it their are many online free indicators like Trading View that's my Favourite it had many amazing tools you can get at no cost if you wanted more features then you need to purchase their Pro version which Had some great features

[BobK71]

I think you can trade if you are satisfied with a little. The most appropriate technique is to give up your asset if the trade profit is up to 6-10%. If you trade in this way, I hope you will not lose. You can also use Bollinger Candle for your betterment. If you want more then hold your assets for long time.   

[GatotKaca]

I think you can trade if you are satisfied with a little. The most appropriate technique is to give up your asset if the trade profit is up to 6-10%. If you trade in this way, I hope you will not lose. You can also use Bollinger Candle for your betterment. If you want more then hold your assets for long time.   

I also use Bollinger Candles to help me in doing daily trading analysis. as you said 6-10% profit is enough for short trades. Don't go overboard with planning in day trading. because it can trap us in correction.
if you want to invest then all do the right time planning. If you want short trades then really learn when to enter and exit, even at a loss.

[Bonenx14]

The right way to trade is to try to buy a little ethereum or other altcoins as a test material. Try holding altcoins for a long time and see the comparison between buying and selling.

It is more of an investment not a trade, because trading is not only about holding on for a long time, but about setting a buy target and a selling target so that it can produce a profit target that you get as well, so it is more about when you go in to buy and when you buy. out to sell it.

[RussianEnglishTranslation]

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

Most traders lose money trading, especially new traders. I would suggest yield farming instead, you can make over 100% returns even in a down market. I prefer spookyswap on Fantom and Ref Finance on NEAR protocol, both have farming.

[zulfi125]

Before start crypto trading you should learn about the indicators so that you can use them and avoid loss, you can use RSI and MACD indicators in any exchange for crypto trading they will help you for trading.

[kojektea]

It is usually quite accurate using fibonnaci and rsi. but I'm more reliable rsi, rsi indicator strong enough to see the trend. That one indicator is enough for me to trade short-term. You can try it too.

[superman184]

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

According to my experience in trading in cryptocurrency more to use the Moving Average (MA), because MA is an indicator of the trend-line moving lagging, or slower than price movements. The moving MA line indicates an uptrend or bullishness, while the downward MA line indicates a downtrend or bearish trend. I also use two MA lines with different periods to determine the open position signal. For example, MA 20 and MA 50. MA 20 which is MA 50 from top to bottom produces bearish signals, so I can open short positions. On the other hand, if the 20 MA 50 is from the bottom up, this indicates a bullish signal to open a long position.

[ogundowotoby01]

The best way to trade cryptocurrency or any other financial asset is to get a good knowledge of technical analysis, some people rely on indicators and some are successful with it, but nothing beats being able to interpret the charts and understand what direction the price is going and when its best to take a trade based of a specific set of confluence.
Trading with indicators is risky because indicators often give signals late due to their mathematical nature, and indicator signals can easily be manipulated, bit with technical analysis skills, trading is a lot more accurate and there are better chances of success

[aylabadia05]

In trading, in my opinion, there is nothing too technical but belief and will. These two things can lead us to seriousness. Of course we need knowledge about coins that have value by reading and analyzing. Then knowledge about the market. Of all that we also really need patience in trading.

[SquallLeonhart]

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

It’s not bad to make use of crypto currency trading indicators. just making use of technical analysis is usually not enough for one to trade. Traders usually makes use of indicators to help them in making their decisions in trading, so it's not bad that you're looking for one. There are so many of them that you can find, it is then up to you to understand how they work by doing proper research and after you have done that you can then decide which is going to suit your needs properly.

Take for example there is MACD, which is one of the very popular indicators that  traders make use of. Finally don’t forget that it’s not just about technical analysis and indicators, there are other ways that can influence the market as well.

[Rahman11]

I think indicators are not good way to following cryptocurrency market and trading, you can trading via various way for perfect trading, market analysis is the best way of trading. you follow this provided belows article, it’s can help you to gain perfect knowledge over crypto trading.
https://icoholder.com/blog/tips-for-cryptocurrency-trading/

[carrigan]

Possible technicalities such as when is the best time to buy and sell coins. Before that you have to do a market analysis in order to have an estimate. Even though the market is hard to predict it can't hurt to give it a try, at least you'll be much better prepared for the market. Also make sure you really understand cryptocurrency, not just as long as you follow the trend. Finally, don't forget to make a strategy so that you don't sway when you face the market, it looks trivial but this is also worth remembering.