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Author Topic: Good ways to trade?  (Read 2408 times)
Marble777
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October 13, 2021, 09:03:18 PM
 #181

Use indicators as material to see the movement chart of the coin you are trading. I'm not saying that you should rely on it, there are things you need to know especially on the choice of coins, your capital, when is the right time to buy, how many targets are set, are you ready to lose or win and so on.
no trader actually profits all day, every trade takes a risk. You need to understand this

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October 13, 2021, 10:18:06 PM
 #182

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

In my opinion, you should try investing first - not trading. Trading crypto is always fatal for newcomers - it's very hard not to go all in here. Take some small part of your exchange depo and try to trade on spot first. Just using local pumps and drawing some trend lines and levels. If you begin from diving into complicated tech analysis, it will corrupt you  Grin

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October 13, 2021, 11:12:13 PM
 #183

Sign up for trading view. But first, watch as many videos as possible with breakdowns of technical analysis and indicators.
Now there are a lot of similar training videos on YouTube, after which everything will become more or less clear to you.

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October 13, 2021, 11:53:34 PM
 #184

before trading you must know to read market sentiment to trade and must have basic and basic knowledge about the market. Every time it is not good to trade whether it is a potential coin. You should be active and check news about crypto on crypto related sites which also affect the market to some extent, but in this forum, you can find lots of posts in beginners section and help tab where you can learn and gain knowledge. If you are not knowledgeable, you can buy and keep the top potential coins which are not too risky.

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October 14, 2021, 02:50:36 PM
 #185

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.

I agree on you mate! Before choosing the altcoins you want to invest, you should gather information and research it first on what's the potential of the coin you choosed to target or speculations. It's always good to bear in mind that whatever you choose, you should have a profit and make more gains than loses. Remember, trade or invest only what you can afford to lose.

Anyways here are some of the best altcoins you should look into.
https://money.usnews.com/investing/cryptocurrency/slideshows/whats-the-best-cryptocurrency-to-buy

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October 14, 2021, 03:02:32 PM
 #186

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

If you are just new in crypto, better to learn first and gather some knowledge about trading. Also I don't think if there is best technical indicator to be use in trading.For me if you know how to analyse and understand the graph and price movement, it can be a great help for you in doing trade. Also spend time to search good altcoins to trade.

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October 14, 2021, 04:13:36 PM
Merited by Rehan Zakir (1)
 #187

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

If you are just new in crypto, better to learn first and gather some knowledge about trading. Also I don't think if there is best technical indicator to be use in trading.For me if you know how to analyse and understand the graph and price movement, it can be a great help for you in doing trade. Also spend time to search good altcoins to trade.

Well said. For new comers in crypto it is better to learn first and think about earning later. Nowadays a lot of Learning material is available on Youtube about Fundamental and Technical analysis of crypto market and it is free of cost. History of trading vindicates that most successful Traders in stocks, Forex and crypto are those who use Technical Indicators and have good Analytical skills which is definitely helpful to make entry  or exit in trade at right time.









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October 14, 2021, 08:02:17 PM
 #188

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.
MA is useful for trend direction however learning candlestick patterns is the most important aspect of trading after trend direction has been revealed, candlestick patterns on the charts on it own is an indicator, exhaustion candlesticks plus RSI indicator will reveal price reversal at the overbought or oversold region, or price continuation, however all this requires constant learning and practicing by the OP to guarantee earning profits consistently which can take alot of time to achieve it.

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October 15, 2021, 05:53:31 PM
 #189

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.

of course the difference is very far when it comes to trading on Forex and Crypto, especially now that trading in forex without having to control someone can also benefit because it is done by Robots, but to trade Crypto I am more interesting to trade myself without having to use robots.
if someone has experienced market shocks in trading Crypto, then wherever he trades, he must have the mentality of a tough trader. this is our advantage of trading in cryptocurrency

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October 15, 2021, 06:51:57 PM
 #190

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

If you are just new in crypto, better to learn first and gather some knowledge about trading. Also I don't think if there is best technical indicator to be use in trading.For me if you know how to analyse and understand the graph and price movement, it can be a great help for you in doing trade. Also spend time to search good altcoins to trade.

Spend time doing your research, trading is a good place to earn either for extra or for source of your income.
There are many available places to learn trading, start by watching videos and gather all the knowledge that you
can get, after that practice by using small amount of investment, if you feel comfortable with your knowledge
adding more would be better, don't rush do it step by step, slowly but the chance is much better and the risk
is much smaller.

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October 19, 2021, 08:35:41 PM
 #191

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

Many people use the tradingview indicator to see crypto price movements. But most people make Bitcoin an indicator of crypto price movements. If the price of Bitcoin moves up, then most other crypto prices also move up, except for stable coins which are always in the opposite direction. I think it's enough for us to monitor Bitcoin as our guide for trading.

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October 20, 2021, 11:50:04 PM
 #192

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
If you are new to cryptocurrencies, it would be nice to know in advance the coins that are in great demand so far, if you already know the coins that are most in demand and already have a choice of coins that you want to trade, then you trade with more profitable technicalities, advice I prefer to use the medium or long term method, because we can make decisions in a way that is not rushed.

By the way, I use TradingView as a trading indicator, but the downside is to be able to make full use of the site. But if investors, they will pay for optimal information. In fact most exchange sites use TradingViews on trading charts.

You can find many other ways of trading but don't ever think that everything is fine or you can say that it worked for you because it also depends on the situation and the trader himself.
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October 21, 2021, 03:14:35 PM
 #193

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

A good indicator from my end is to read on whatsoever type of trade you want to venture into, read threads on the subject related to this forum and ask related questions from the right source.

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October 21, 2021, 04:42:21 PM
 #194

before trading it is better to study first and gather knowledge about trading for trading and must have basic knowledge about the market. trading is a good place to earn extra income or your source of income. don't rush to do it step by step, slowly but the chances are much better.

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October 21, 2021, 05:10:00 PM
 #195

Leading technical indicators in cryptocurrency trading: Ichimoku Cloud Indicator; Relative Strength Index (RSI); Mass...
I strongly advise against using one indicator as the sole criterion. If you cannot interpret price action and cannot find trade setups just by looking at empty candlestick charts, then you should not use automated indicators and resistance mapping support. resist for you. I sincerely believe that an instrument would be better served by understanding the price action first and using that action as the basis of a technical analyst, then adding 'fluff' indicators afterwards. to see if there are any confluence points.

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October 21, 2021, 06:51:32 PM
 #196

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
There will be many mistakes made in trading for a beginner. Of course because when you enter the market and trade live, it will be very different from the technique you learn. So you should have a lot of flying hours to find the best way or strategy that suits your trading. In crypto trading, you have to work hard to learn and have a lot of free time.
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October 29, 2021, 06:00:58 PM
 #197

You can start by reading the charts and see if you can understand the trends of those trying to get in touch with the news. if it's good to trade, then buy it gradually and always be aware of the coin you choose. sometimes we don't know in the future the graph is always changing, therefore we are always vigilant so as not to lose .. my advice is to look for coins smartly so that you profit not lose. you can start from coins that are still cheap.

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October 29, 2021, 08:00:46 PM
 #198

There will be many mistakes made in trading for a beginner. Of course because when you enter the market and trade live, it will be very different from the technique you learn. So you should have a lot of flying hours to find the best way or strategy that suits your trading. In crypto trading, you have to work hard to learn and have a lot of free time.
Mostly peoples love to read and then enter in trading which is never been good idea because I feel if someone wants to do this then surely he starts with demo account which is available on many exchanges and then use this as for his training after having some good experience he jumps into this trading it's much better.

Reading all never works just having this account and then checking charts and different blogs and other relative things also very helpful but going with very small amount or demo really works in better way because from here you can check your mistakes which are not affordable in real trades but still it's good. After jumping then we have some good number of influencers and bloggers those are working very good for many years in crypto world.

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November 12, 2021, 08:18:32 PM
 #199

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

Sometimes it becomes difficult for us to best technical indicators in trading. If we refer to Coinmarketcap, recently a lot of meme tokens are listed on Coinmarketcap. It is possible that the price of the token will not hold up well in the future. Every day there are dozens of meme tokens listed in Coinmarketcap, how can most of these meme tokens survive in the crypto market. If we refer to the ranking position based on Market Cap, I see there is something wrong with that position. In addition to Coinmarketcap, we can rely on Coingecko, but unfortunately Coingecko sometimes detects token prices not based on smart contracts, but token prices are also detected based on token names. Even tokens that are not listed on the exchange are detected at high prices. Maybe another source is on tradingview, there are many active investors. And I saw some exchanges using tradingview chart.

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November 12, 2021, 08:33:46 PM
 #200

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
There will be many mistakes made in trading for a beginner. Of course because when you enter the market and trade live, it will be very different from the technique you learn. So you should have a lot of flying hours to find the best way or strategy that suits your trading. In crypto trading, you have to work hard to learn and have a lot of free time.

You are absolutely right that many mistakes are made by Beginners when they start trading in crypto , Stocks or Forex but the best way to minimize the mistakes to learn basic of trading, mean, Fundamentals analysis, technical charts as well as Money and risk management. The most important thing to learn is when to make entry and when to exit which you can only learn by Technical Indicators. You should watch social media where you can get get daily updates about crypto because news also affect crypto price in a big way.









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