Good ways to trade?

[fzkto]

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.

For a newbie in cryptocurrency and trading, there is a 100% chance of losing a deposit, and probably more than one. Even if you trade on a spot without leverage, there is still a 100% chance of losing your deposit. My recommendation for newbies is to buy and hold the coins. Do not panic. Patience will be rewarded, especially now we are probably waiting for a bull market.

[dlightag]

You're welcome into cryptocurrency trading, as a new person towards the industry, need to go for relevant information towards the trading options, because they are difference types of trading, as a crypto trader, you have to choose and work towards it, and become a profession towards it. Hence I prefer using Binance Exchange to trade, which as a beginner, you have to mastar spots trading, before entry future trading. And also studies you're indicators by applying you're technical and fundamental analysis before entry any market. With these few points, it will help as a new crypto trader.

[merekamo]

I have researched quite a bit on this topic and I can give you my opinion on the matter.

In my opinion, the best technical indicators to use for trading in crypto are Moving Averages, or Relative Strength Index (RSI). For Moving Averages are used to identify trends and the direction of the market. It is calculated by averaging the price of a cryptocurrency over a specific period of time.

For instance, a 50-day moving average is calculated by adding the closing prices of the last 50 days and dividing it by 50. If the price is above the moving average, it indicates an uptrend, and if it's below, it indicates a downtrend.

Second, RSI is a momentum oscillator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset. RSI calculated by dividing the average of the upward price changes by the average of the downward price changes over a certain time period. RSI values range from 0 to 100, where values above 70 indicate an overbought market condition, and values below 30 indicate an oversold market condition.

Note: However, it's important to note that technical indicators are not 100% accurate and should not be used as the only tool for trading decisions.

[amihada]

to start trading in the crypto world, you have to update following alcoin developments, for example, like yesterday there was news that ARB coins would be listed on binance, that's good news for those who want to trade at the first time they are listed, usually the price of coins drops because those who hold free coins, they immediately sell it, that's a great opportunity to buy, after you buy, you just sit and watch, wait for the price of the coin to go up.

[barhavsky]

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

the best indicator to use in trading is Bitcoin price, because every time the price of Bitcoin increases it will indicate that the market will pump, but if the price of Bitcoin is corrected, then it will make the market dump, therefore I always pay attention to the chart of Bitcoin if I want to trading and of course I will also search and read the latest news about cryptocurrency and Bitcoin, because that can also be an indicator for trading (market movement).

[cute nmp]

There are so many good ways to trade that brings in consistent profits it depends on which type of trader you are and what suit you best. Others are expert in trading indicators while others are pure technical traders .I use support and resistance as my trading strategy and have been making consistent profits from the market.

[Pamadar]

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

the best indicator to use in trading is Bitcoin price, because every time the price of Bitcoin increases it will indicate that the market will pump, but if the price of Bitcoin is corrected, then it will make the market dump, therefore I always pay attention to the chart of Bitcoin if I want to trading and of course I will also search and read the latest news about cryptocurrency and Bitcoin, because that can also be an indicator for trading (market movement).

By experienced, it will dictate that there's a possibility that the market will rise once Bitcoin shows strong positive movements, and yes you can anticipate that there's a good market pump that might follow.

You just need to work with your DYOR before calling or before investing in whatever project you think you may
gain decent profits.

[bitcoin-shark]

There are several good ways to trade, depending on your goals and experience level. For beginners, it's important to have a well-thought-out strategy and to start small. Some popular day trading strategies include momentum trading, scalping, pullback trading, and breakout trading. It's also important to trade with money you can afford to lose and to use stop losses to limit losses. Additionally, it's a good idea to keep yourself informed about the companies and markets you're trading in by scanning business news and bookmarking reliable online news outlets. Finally, it's worth considering joining a day trading chat room to discuss and exchange trade ideas with other traders.

[Huppercase]

You're welcome into cryptocurrency trading, as a new person towards the industry, need to go for relevant information towards the trading options, because they are difference types of trading, as a crypto trader, you have to choose and work towards it, and become a profession towards it. Hence I prefer using Binance Exchange to trade, which as a beginner, you have to mastar spots trading, before entry future trading. And also studies you're indicators by applying you're technical and fundamental analysis before entry any market. With these few points, it will help as a new crypto trader.

It would be advisable for him to avoid future trading, he may lose all of his wallet balance to people who have a better understanding of the market. Future trading often attracts gamblers who take bets and hope for favorable market conditions to gain profits, but when the opposite occurs, they suffer losses. It's difficult to imagine how someone without experience in spot trading would cope in such a situation.

I also use Binance, but I suggest he consider using TradingView as well Because binance has limited indicators, but with TradingView, he can access essential indicators through subscription that can guide him and provide valuable insights.

[trendcoin]

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

RSI and MACD would be the best choice for the starting phase. These two indicators (with their classic versions) are perfect for beginners. In addition, you can check positive and negative divergences on prices with the same indicators. Then you can learn classical formations if you wish, and as a final step, you can learn ew if you wish. Working and learning technical analysis was one of my favorite hobbies for a while. I wish you good luck.

[Magic-Money]

They are many difference crypto trading exchange platform, which to locate one and start trading on the difference coin of your choice, but among every crypto trading platform, I prefer Binance Exchange, and is very easy to use to trade in spots and future, which has many difference indicator tools to monitor your trading after doing your technicians and fundamental analysis is every important to every crypto trader's.

[gunhell16]

Maybe even if all you do is the simple basic of trading here in cryptocurrency which is buy and low system you can get income no matter what. You don't need to be an expert just to make a profit in this crypto business.

Just know how to use the tools in the exchange when you do a trading activity, even if it's just basic, you will surely achieve the income you want, even if it's not big, but the important thing is that you have income that comes into your trading.

[Mr.sprin]

my habit of trading I monitor the coins that are going up and I wait for the coin prices to fall even I stay up late to wait for the coin prices to fall and I get that I can get very fast profits, I like trading in the short term, usually I do this on new alcoin like me trading with ARB coin.

[naikturun]

There are many technical indicators that traders use in cryptocurrency trading, and the best ones will depend on your trading strategy and personal preferences. Here are a few popular ones:
MACD (Moving Average Convergence Divergence)
Relative Strength Index (RSI)
Fibonacci Retracement
Bollinger Bands

you can google it for more information 

[raidarksword]

Traders will based their trade in the form of Technical Analysis but it is not guaranteed that it will go to plan because crypto market is very unpredictable that no one knows what gonna happen tomorrow. I suggest that don't be a trader instead be a holder. Don't stress out your life on predicting the market and outsmarting it, it will only makes you more stress.  Better practice DCA, surely it will make you become a good in crypto.

[arufox]

Basically, there are no special tips for trading cryptocurrencies. However, one of the things to watch out for in crypto trading is avoiding greed. Sometimes, market conditions are favorable to you, which makes it possible to win many trades. However, don't think it's time to make a lot of money and use all the capital for your next cryptocurrency business. The cryptocurrency market is the most dynamic market in the world which is changing every second. When you are on a long losing streak, stop and find out what caused the loss. Next, consider reinvesting trading funds to avoid blowing up your entire portfolio in an instant.

[fzkto]

Basically, there are no special tips for trading cryptocurrencies. However, one of the things to watch out for in crypto trading is avoiding greed. Sometimes, market conditions are favorable to you, which makes it possible to win many trades. However, don't think it's time to make a lot of money and use all the capital for your next cryptocurrency business. The cryptocurrency market is the most dynamic market in the world which is changing every second. When you are on a long losing streak, stop and find out what caused the loss. Next, consider reinvesting trading funds to avoid blowing up your entire portfolio in an instant.

I think that for a newbie it would be better to just buy cryptocurrency first and hold it. I already wrote above about that. Good advice not to get greedy. But what should a newbie do if panic happens? In that case, the deposit can quickly split in half. Trading is a long way and having good and bad experiences. It is better to start by buying coins on the exchange and just holding it in your personal wallet. This is the real path to success.

[Boomber]

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

the best indicators to trade are,
1. you buy when the price goes down
2. you sell when the price increase
3. Never get greedy and hope to be rich just by investing in one coin
4. Never panic sell when the price of coin that you invest is down
5. always take advantage of the hype going on in cryptocurrencies

[jossiel]

I think that for a newbie it would be better to just buy cryptocurrency first and hold it. I already wrote above about that. Good advice not to get greedy. success.

I agree, for newbies the best thing to do for them is to buy and hold. From there, they'll get to see how holding is doing all the work.

And the first holding that they need to have and buy is Bitcoin only. I'm tired of seeing newbies buying those random coins and then they're complaining why they're not making some profits from it.

It's because they don't listen to good advises and wanting to proceed on their own thinking that they're already good even if lack experience.

[Mr.sprin]

how to trade everyone knows to monitor the market and choose the right coin to invest in following the development of the coin then release the coin at the target price, don't be easily fooled by negative issues and the important thing is you have to have a target at what price you will release the coin you are investing.