Good ways to trade?

[errorcode99]

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

If we refer to the position ranking based on Market Cap, I see something wrong with that position. Apart from Coinmarketcap, the price of the token is also detected based on the name of the token. Even tokens that are not listed on the exchange are detected at high prices. Maybe another resource is on tradingview, lots of active investors. And I saw several exchanges using tradingview chart.

[cute nmp]

There are so many good ways to trade but I personally prefer using traditional support and resistance combination with patterns they are very profitable when used in the right way.Most Crypto traders prefer using indicators to trade the market.Indicators I used in the crypto-market are Rsi and Bollinger bands ,these indicators always provide consistent profits for me.

[GreenStox]

I would advise you to trade in the long term, because you will sell or buy when it comes, actually trading indicators in my opinion are the same, it all depends on you understanding the market.
if you understand the market then you won't have a problem with trading, but for daily trading you really have to study the market more actively.

[Ahli38]

Before trading we must understand the basics of trading itself. in trading we must be able to monitor and analyze the crypto market well, monitoring here means seeing the market and understanding it. You can't conclude the best indicators until you do it yourself. do what needs to be done and practice carefully. The best lesson in trading is self-experience.

I agree with you that experience is the best lesson we can receive. even when we have thoroughly studied various types of analysis, both technical, fundamental and sentimental, along with indicators for each type of analysis. the reality is not necessarily that we will always get consistent profits in crypto trading. because sometimes if we have less experience in crypto trading it can make us forget the knowledge we have learned and instead we are carried away by emotions and feelings. so the most difficult problems to overcome in crypto trading are fear and greed. if we cannot control these two things, then sometimes we will ignore our analysis and get out of the plan that has been made carefully. and to control these emotions, an experience is needed that continues to hone our mentality in trading activities on the market.

[Sweetbtc]

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.

Many people who can't trade do invest and investing is easier than trading.Those who invest for a long period of time pick up the best and the best coins from the market and keep them for a long period of time and whenever there is a bull run in the market, they sell those bought coins at a good profit.Whereas trading is difficult as compared to investment because you have to keep an eye on the market all the time.In trading you have to choose the coins in which the volatility is high.Which has less circulating supply and less market cap.In trading you have to be very careful to look at the token you are trading from every angle and trade using its support and resistance levels and different indicators.Trading is very risky as compared to investment, where you can make huge profits but there is also risk of loss.It is very important for a trader to be experienced while an investor can only choose good and best tokens to invest and get profit.

[Lainta]

I would advise you to trade in the long term, because you will sell or buy when it comes, actually trading indicators in my opinion are the same, it all depends on you understanding the market.
if you understand the market then you won't have a problem with trading, but for daily trading you really have to study the market more actively.

I agree that understanding the market is crucial for successful trading. Trading indicators can be helpful, but they should not be solely relied upon. Long-term trading can be a good approach as it allows for more time to make informed decisions. Daily trading requires active studying and analysis of market trends.

[fvb]

There are different ways to trade. That is, you can connect to experienced traders and follow how they trade, and then repeat after them. There are closed trading groups where information is disseminated and people share their forecasts. But still it is better to start reading and learning it yourself. This is not an easy business and you need to have knowledge to engage in trade.

[cute nmp]

Trading is hard this days one need a solid strategy in other to make profits in the market.Best indicators for trading cryto are Rsi, ichimoku and Bollinger bands there are my favorite to trade the market and have made good profits with them.You can combine indicators with technical analysis and come up with a good strategy that will bring consistent good profits.

[Weawant]

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 most in demand coins and already have a choice of coins that you want to trade, then you trade with more profitable technicalities, my advice is better to use the medium-term or long-term method, because we can make decisions in a way that is not in a hurry

A good way to trade is to wait on the price of a token to calm down before you enter the market, just because a new token is listed and it get overpriced doesn't mean that's the actual price of the coin. Every new project gets that hyped of new listing.

If you give the project some time then you'll have a chart to be able to understand how the project will move in future. If you hurry into trading a newly listed token, you could buy at high price and never be able to sell at that price again.

Altcoins aren't Bitcoin that you have some hope of it returning to its previous all time high, we have many altcoins that can never reach their all time high again because they got overhyped when they were launch but now the project is seen for what it really is, which isn't worth investing.

[nur rochid]

if you are a beginner and want to trade, the first thing to do is learn about trading theory, until the time is right you can learn trading practice, and even then of course there are still many mistakes to be disciplined in the analysis that has been made, and finally you can correct yourself about the weaknesses of the strategy and yourself, to finally become a better trader. Of course, don't be in a hurry to quickly get money from trading

[b3j0]

so do you mean short term or long term trading? if you mean long term and you choose to invest in a new project perhaps the indicators you should pay attention to are partners, team, community, concept and roadmap.
but if you want long term investment in big altcoins like ETH no need for indicators, just buy and hold till the bull arrives 

[judaspriest]

so do you mean short term or long term trading? if you mean long term and you choose to invest in a new project perhaps the indicators you should pay attention to are partners, team, community, concept and roadmap.
but if you want long term investment in big altcoins like ETH no need for indicators, just buy and hold till the bull arrives 

I can say that now or in 2023 it is very right to invest in altcoins,
but for Ethereum if you say without indicators for trading or investing of course that is very wrong,
even though ETH is a BIG Altcoin there will be lots of bad sentiments when shangai this update is complete,
it is even reported that there will be many unstakes and this will cause ETH to fall.

[ije07]

Although there are hundreds of possible indicators, the ones mentioned above are the best to use because each indicator also has a different pattern, so choose it according to what you need. Some indicators that are frequently used by traders include MA, RSI, MACD, and BB, which are some indicators that are frequently used to see current market movements. You can also see the movement of an asset by looking at the EMA line.

[RussianEnglishTranslation]

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

I would advise against trading because you are trading against AI bots and exchanges like Binance that can see your stop limits and will eat your lunch. The game is rigged and its best to stake instead of trade. Some blockchains let you stake on Ethereum, like Polygon and Fantom, while others let you stake within their wallet, like Celo and NEAR. My favorite is Q Blockchain, which includes a protocol level DApp with staking, DAO, escrow, digital ID, DeFi all built into one.

[Epaper]

In my opinion, there are no special indicators for trading cryptocurrencies. However, to be successful in cryptocurrency trading at the very least, you need to find reliable sources of information, do careful research on the coins you want to buy, choose the most suitable and trusted exchanges and wallets, and find benchmarks and tools to your portfolio management.

[newdevices]

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

I have been in the world of crypto currency trading for 4 years and to be honest the trading indicator that I often use and maybe the accuracy can be good is using the RSI,
and of course the trend line technique, try to learn if you still don't understand, then I'm sure the RSI will be very useful for you.

[podluznyj]

There are many things that must be learned to run trading, if you are a new person in the world of trading, my advice is don't buy a new coin. Choose coins that have potential, such as Ethereum coins and BNB coins, why do I recommend investing in these two coins because the risk is small.

I completely agree with you if a person is a beginner, then you should not buy new coins, because this can lead to unpredictable financial losses, it is better to spend money on coins that you are confident in and that have been traded for a long time, and not all traders with experience stick into new coins, because they don’t you can always calculate the growth.

[borovichok]

In my opinion, there are no special indicators for trading cryptocurrencies. However, to be successful in cryptocurrency trading at the very least, you need to find reliable sources of information, do careful research on the coins you want to buy, choose the most suitable and trusted exchanges and wallets, and find benchmarks and tools to your portfolio management.

There's several ways which we can earn profits from trading, always hoping for a good simple strategy that will sealed profits and reduce losses. Research are also main factors that will triggered good solid projects that will results in enormous profits. Risk management is a key basis if a trader wants to be successful, knowing the calculated profits, losses and risks involved are the necessities to consider for trading. Cryptocurrency is broad and we are not expected to know every section of it, that's the main reasons we do experience losses in trades and our investment.

[Litzki1990]

Since you are new to Cryptocurrency, you may not decide to start trading right away. Cryptocurrency trading is a very sensitive matter. Since trading is directly related to financial assets, there is a possibility of financial loss if trading with a full understanding of the matter. 

Never rush into trading matters. It is very important to learn about trading before trading. Educate yourself about trading first. Gradually when you get a good idea of ​​the training you can start trading.

[NicNacCoin]

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

The OP himself said here that he is new so he needs to learn about cryptocurrencies first. There is no hard-and-fast rule to use a specific indicator on a trading platform. You can trade by your personal strategy. But remember that if you make a mistake on the trading platform, then you must bear the cost of the mistake. Also remember not to be too greedy in trading platform at all times. Those who lose more on trading platforms lose for only one reason and that is greed. Always avoid this greed. Secondly, never trade with emotion, always keep yourself in control and trade. If you follow these rules, hopefully you will not lose on the trading platform.