Masplanc
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Activity: 798
Merit: 34
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October 11, 2021, 05:13:54 AM |
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You are new so get an expert who can give you good direction and knowledge about cryptocurrency, learn the necessaries things first don't be too fast, when you seek for the basic things to know as a beginner you will do exploit in the cryptocurrency world.
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ardydyon
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October 11, 2021, 06:27:31 AM |
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Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
Currently there are hundreds or even thousands of indicators that have been created. Each indicator has its own character and how to use it. Indicators in Technical Analysis are mathematical formulas that function to find out how market conditions are and also to help provide buy or sell signals. there is no best technical indicator, but there are indicators that might be used for beginners and I have also tried to use this several times including: 1. moving average (MA) 2. Parabolic SAR 3. Bollinger bands 4. Fibonacci maybe this indicator can be used to make trades at the beginning.
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cafee_orange
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October 12, 2021, 10:16:11 AM |
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Not a few people who have been successful in trading cryptocurrencies, of course everything they have done has had many challenges before so that currently many of those who trade have enjoyed the results of their hard work. as for indicators and technical what needs to be done is to understand market conditions and survive with the waves that hit the market. In addition, traders who are new to investing should need to know or be familiar with altcoins that have potential that can be invested.
Now it's easier for novice traders to get help from several sites and from friends who are already familiar with all cryptocurrencies, so they can immediately take advantage of it when they start their work, meaning they can immediately ask questions and read some information about some Altcoins they already know to know all the details in more detail. In my opinion, some sites to be used as a basis for a trader to know more about indicators of success and correct technical trading are very good, but it is also necessary for us to know that not all sites can benefit a trader, but maybe the opposite is the case, namely losses. do not easily believe in sites that promise profits, you still have to be careful in trading. but we can trust the community of fellow cryptocurrency enthusiasts and fellow traders.
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Kezacky
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Activity: 746
Merit: 10
https://axiomapay.com/
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October 12, 2021, 01:09:54 PM |
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you want to trade? are you fully prepared? market choices, initial capital, mentality and have researched the coin you want to trade? if so, i would always advise you to trade when you are in the right state of mind and secondly, don't trade when you are angry. And I also highly recommend that you meet with a skilled and experienced trader to show them how, because online lectures alone are not enough, to minimize losses.
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Slon55koz
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Activity: 128
Merit: 13
www.fintropy.io
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October 12, 2021, 01:44:21 PM |
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You are new so get an expert who can give you good direction and knowledge about cryptocurrency, learn the necessaries things first don't be too fast, when you seek for the basic things to know as a beginner you will do exploit in the cryptocurrency world.
The problem is that not everyone wants to teach others well and thoroughly, because the teacher must also use his time to teach others to the maximum, and the person who will teach it must also leave his job at a certain time so that he can focus a lot on teaching. Being a teacher is a very big responsibility. Many people with little knowledge tend to teach, and of course it does not bring good results either for themselves or for their students. A person who wants to be a teacher must study the world of cryptocurrencies very thoroughly and understand many of its complex aspects in order to be able to answer the most difficult questions regarding the cryptocurrency market.
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poldanmig
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October 12, 2021, 01:52:29 PM |
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you want to trade? are you fully prepared? market choices, initial capital, mentality and have researched the coin you want to trade? if so, i would always advise you to trade when you are in the right state of mind and secondly, don't trade when you are angry. And I also highly recommend that you meet with a skilled and experienced trader to show them how, because online lectures alone are not enough, to minimize losses.
I agree with what you said, trading does look very easy, but many factors are needed by a trader to trade, especially in trading we have a big enough risk if we are rash in doing it, the lust or emotion factor is the main thing that must be controlled by traders, especially novice traders before trading, because trading is an activity that is very different from ordinary investing, this difference lies in the mindset in which investors think in investing.
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Kodok Bencot
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October 12, 2021, 02:09:29 PM |
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The most important thing when trading is to understand the trend that is happening, and making several sites for reference and making decisions is the best thing, now I use coinmarketcap as a reference because there is already a selection of the most profitable coins daily, weekly and monthly, and this simple technique makes I can earn big.
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doomloop
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October 12, 2021, 06:37:19 PM |
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The most important thing when trading is to understand the trend that is happening, and making several sites for reference and making decisions is the best thing, now I use coinmarketcap as a reference because there is already a selection of the most profitable coins daily, weekly and monthly, and this simple technique makes I can earn big.
Just going behind trend is never been good idea because sometimes we have fake trends which are started by whales for their own sake can hurt any newbie most useful and better use case is just done some research and read all about project because it's first and basic thing for anyone after this you check team and their product because if you are going to invest then surely you have all information about this it's very important for you. Read analysis and have as much you can from social channels and white paper or all available resources because you are going for your big decision which need some good work from you.
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91254vvpatel
Copper Member
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Activity: 603
Merit: 1
jaimini patel
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October 13, 2021, 04:09:42 AM |
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If you are trading in the short to medium term you can use indicators in the trading view to analyze. To get comfortable in trading, of course, a trader should continue to learn so that he can have the most comfortable trading style with him. After all, if the purchase is reasonable it is necessary to look at the full opportunity with a solid investigation for a while.
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tokyohd
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Activity: 352
Merit: 18
Pepemo.vip
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October 13, 2021, 05:32:47 AM |
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Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
I will suggest you as a new user, you can choose and buy some good tokens and sell them if the price goes up. Moreover, the trade thing is risky, especially for new users.
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goldkingcoiner
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Activity: 2198
Merit: 1955
A Bitcoiner chooses. A slave obeys.
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October 13, 2021, 10:19:33 AM |
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I am not understanding about what is indicator and how to use and apply in cryptocurrency trading, almost five year with investing and cryptocurrency trading never understand yet about method or indicator to know coin potential pump or not. I think most effective way for trading is patience and waiting support or lower price to buy back, many trader not patience for buy back and most of them buy coin on hype moment or have higher price. Indicators are just visualised mathematical approaches to analyzing the diverse aspects of volume, buying strength withing a certain period of time as well as selling strength within a period of time. If you dig deep enough at some point you will find "coincidences" which turn out to be patterns that keep repeating. Even in nature you can see repeating patterns.
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Jaered
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Activity: 840
Merit: 4
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October 13, 2021, 11:54:17 AM |
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Since you're new to crypto, I suggest you chill about your trading hunger and learn the ropes first. Crypto is never a get rich quick business. It has not and would never be. The ropes involves learning about blockchains, Defi, scams etc. It's a Wild Wild West going on here. And how can you know your left from your right if you can't do your own research?
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Lubang Bawah
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October 13, 2021, 01:19:32 PM |
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Trading has become the work of many people today, and crypto trading is certainly different from Forex trading, I've traded forex and price increases are very difficult, but crypto trading can make us faint because prices go up and down like a roller coaster, the most important thing is to have a strong mentality. calm down so you don't panic when you see the price drop.
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Blowon
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October 13, 2021, 02:01:53 PM |
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Using the MA indicator is one of the best indicators to measure trends through charts. It's going to get easier. But you can also try fibbonaci and rsi. These two indicators are also very helpful.
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Slon55koz
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Activity: 128
Merit: 13
www.fintropy.io
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October 13, 2021, 05:40:03 PM |
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Trading has become the work of many people today, and crypto trading is certainly different from Forex trading, I've traded forex and price increases are very difficult, but crypto trading can make us faint because prices go up and down like a roller coaster, the most important thing is to have a strong mentality. calm down so you don't panic when you see the price drop.
Trading on the cryptocurrency market is a very nervous activity compared to other types of earnings in trading. I think that people who consciously came to the cryptocurrency market are very purposeful and have the necessary set of qualities that traders need for their successful start. The main thing is to keep cool and study the coin very carefully before investing in it.
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HardCore12V
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Activity: 223
Merit: 13
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October 13, 2021, 05:50:36 PM |
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Trading in this type of present market isn't so tricky because bull season is still active, just buy when BTC goes as low as 43000 and sell when it goes up to 47k or 48k, I have a friend that use large amount of money to repeat this process again and again, he made good profits every day, crypto trading only gets more harder when the market is in very bad shape like in bear market for example
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Bollexz1
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Merit: 12
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October 13, 2021, 07:12:14 PM |
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Since you're new, I would advice you to engage yourself in buying for long term profit. So with time, you'll get familiar with how the market react and how you can bend it to your favour.
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kevincandra
Jr. Member
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Activity: 261
Merit: 1
www.fintropy.io
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October 13, 2021, 08:45:15 PM |
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Trading in this type of present market isn't so tricky because bull season is still active, just buy when BTC goes as low as 43000 and sell when it goes up to 47k or 48k, I have a friend that use large amount of money to repeat this process again and again, he made good profits every day, crypto trading only gets more harder when the market is in very bad shape like in bear market for example
I agree with your opinion, the current market situation still has the opportunity to make good profits and also depends on capital and confidence. I also enjoy it and the most important thing is not to be greedy.
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herurist
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October 13, 2021, 08:56:47 PM |
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I am not understanding about what is indicator and how to use and apply in cryptocurrency trading, almost five year with investing and cryptocurrency trading never understand yet about method or indicator to know coin potential pump or not. I think most effective way for trading is patience and waiting support or lower price to buy back, many trader not patience for buy back and most of them buy coin on hype moment or have higher price. indicators may only serve as auxiliary tools because they are only a set of formulas used to consider and analyze what will happen and this is only an aid not a reference. apart from that everything is simple, this is a reference to make speculation to be more focused because there is data despite all that I agree with what you said when trading should have patience and wait for support or lower prices to buy back
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